Wu Shuo learns that the Texas Securities Board (TSSB) announced on June 3rd that it has issued an emergency cease and desist order against BG Wealth Sharing LTD and its affiliated crypto trading platform DSJ Exchange, alleging that they solicited unregistered securities from Texas investors through AI crypto trading signals and multi-level marketing schemes, promising high, "zero-risk" returns. The regulatory documents state that the project used fake dashboards to display profits, and after investors were unable to withdraw funds, they were asked to pay additional fees. TSSB accuses the involved parties of engaging in unregistered securities issuance, unregistered broker/agent activities, and fraudulent sales practices.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 2
  • Share
Comment
Add a comment
Add a comment
ColdWalletUnderTheAurora
· 3h ago
The name DSJ Exchange sounds just like DJ with a different letter, and before running away, they want to take another withdrawal fee. They really know how to manipulate people's nature.
View OriginalReply0
GateUser-dce566e8
· 4h ago
Fake dashboards are now standard. It is recommended that in the future, when checking a project, first verify registration, then see if withdrawals are possible, and finally look at the earnings—don't reverse the order.
View OriginalReply0
  • Pinned