# Texas Securities Regulator Issues Emergency Order Against Binance Impersonator

By Coinness

Canonical URL: https://www.tokenpost.com/news/regulation/7463
Published: 2021-03-16T09:00:03.000Z
Updated: 2021-03-17T00:41:54.000Z
Section: Regulation

> The securities watchdog in Texas has issued a cease-and-desist order against an allegedly fraudulent platform posing as the cryptocurrency company Binance.

The securities watchdog in Texas has issued a cease-and-desist order against an allegedly fraudulent platform posing as the cryptocurrency company Binance.

According to a press release on Tuesday (March 16), Securities Commissioner Travis Iles of the Texas State Securities Board entered the emergency order taking aim at an online cryptocurrency platform Delta Crypt Limited. The firm, listed with U.K business registrar Companies House, was previously accused by the Philippines securities watchdog of “illegally offering securities” in April of last year.

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