U.S. regulator wins order halting coin offering scheme

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WASHINGTON (Reuters) – The U.S. Securities and Alternate Fee mentioned on Tuesday it had received an emergency court docket order halting an alleged fraud involving an preliminary coin providing that raised as a lot as $21 million from traders in america and elsewhere.

The court docket additionally authorized an emergency asset freeze and the appointment of a receiver for Titanium Blockchain Infrastructure Companies Inc, the agency behind the alleged scheme, the SEC mentioned in a press release.

Modifying by Eric Walsh; Modifying by Mohammad Zargham

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