As a more ominous sign, the Attorney General went on to state in it’s order “It does not and should not be interpreted to waive any future causes of action which may be brought as a result of any securities activities of the Respondant (Shipchain), whether detailed in the Administrative Order to Cease & Desist or Not.”
According to sources, the South Carolina Attorney General’s Office along with other government agencies may take much more severe actions against Shipchain and its officers in the near future. Stay tuned for updates on this emerging story.
