Odaily Planet Daily News: Texas regulators recently issued an emergency cease and desist order to two individuals, Darrell Porter and Eric Ture Muhammad, who were suspected of promoting a fraudulent cryptocurrency investment scheme. The investment scheme is allegedly related to Trage Technologies, which promises high returns through digital asset arbitrage trading, but actually misleads investors. Trage Technologies is accused of falsely claiming to be registered with the U.S. Securities and Exchange Commission (SEC) and using illegal multi-level marketing strategies, posing significant risks to retail investors. Texas officials pointed out that the company neither restricted sales to qualified investors nor verified their qualified investor status, and therefore did not meet the requirements of (D Regulation). The accused party has 31 days to object to the cease and desist order. (Bitcoin.com)