Additionally, the Texas securities regulators alleged that the respondents made deceptive and misleading statements about their cryptocurrency investment offerings, insurance policy, and the risk associated with it.
Texas State Securities Board says Forex Birds is a “fraud”
Forex Birds is a “fraud.” It not registered with the European and Australian Securities Investments Commissions as well as with the Saint Vincent Finance Service Authority (FSA), according to the Texas State Securities Board.
Furthermore, the Texas securities regulator alleged that Pek Universe deceived investors regarding the identity of its Chairman of the Board of Directors.
The “respondents’ conduct, acts, and practices threaten immediate and irreparable public harm,” the Texas securities regulator wrote in the order.
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