US issues suspension order to fraudulent company

On October 28th, the New Jersey Securities Bureau issued a suspension order to a total of five fraudulent cryptocurrency investment companies.

Sean Neafsay, Acting Director of Consumer Affairs, urged participants to conduct more thorough research on the entities they want to invest in. At least three fraudulent entities defrauded New Jersey investors from their funds.

Bulk Investments received $74,900 worth of Bitcoin to purchase securities, Forte Trade Limited received $3,300, and Dilna Investments Limited received $11,000 from investors in New Jersey.

When investors wish to withdraw funds, they require additional payments before their funds are released. Two other entities, RealBitCore Mining and FileFxOption, allegedly displayed false customer recommendation data on their websites.

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