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US Regulators Crack Down On Cryptocurrency Mining Firm Promoting Its Alleged COVID-19 Donation
Summary: Regulators in Texas and Maryland have sent emergency cease-and-desist orders to a cryptocurrency mining company which promoted its donations to COVID-19 relief efforts as part of its sales pitch. Ultra mining is claiming to have donated $100,000 to UNICEF, a U.N. organization that provides humanitarian aid to children, so they could buy medical equipment for ...
Regulators in Texas and Maryland have sent emergency cease-and-desist orders to a cryptocurrency mining company which promoted its donations to COVID-19 relief efforts as part of its sales pitch.
Ultra mining is claiming to have donated $100,000 to UNICEF, a U.N. organization that provides humanitarian aid to children, so they could buy medical equipment for those fighting the coronavirus pandemic. However, the company has refused to provide any information that would verify their claims.
By Roland James
Tags: COVID-19,crack down,donations,Maryland,Regulators,Texas
Link: US Regulators Crack Down On Cryptocurrency Mining Firm Promoting Its Alleged COVID-19 Donation [Copy]
