Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers.The orders were issued on September 18, 2018, against DGBK Ltd., an offshore digital “bank” that claims to have developed a hack-proof custody solution for digital assets and virtual currencies; Coins Miner Investment Ltd., a Russian cryptocurrency investment promoter; and Ultimate Assets LLC, a purported cryptocurrency and foreign exchange trader.Coins Miner Investment Ltd.Based in Russia, Coins Miner extracts money from U.S. residents under false pretexts, pretending to act on behalf of Coinbase, the San Francisco–based crypto exchange platform. According to the Emergency Cease and Desist Order, it does this by sending spam emails impersonating Coinbase, deceiving investors into handing over their money by leveraging the brand image of the digital asset platform.The order further specifies that a certain Ana Julia Lara, acting on behalf of Coins Miner, falsely claims to work for Coinbase as a crypto trader. To this end, she also sends out a photograph to investors purportedly showing her with the president of Ripple, whereas the person in the photograph was actually a vice president of Cointelegraph Media Group.Claiming to operate out of the U.K., Coins Miner is actually based in the Russian city of Volgograd, and it makes several fraudulent c... For Further Information Click on Below Button