Cryptocurrency company Mavixbtc ordered to suspend business for misleading investors

On December 27, the Missouri Securities Department accused the state's cryptocurrency company Mavixbtc of fraudulently claiming to have registered with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. In addition, the company used the registration number of a registered financial adviser who knew nothing about Mavixbtc.
It is reported that Mavixbtc promises investors a return of up to 55% in just 6 days. As of press time, the company's website was no longer accessible because the domain name host had stopped supporting the site under a suspension order. In addition, Mavixbtc was ordered to pay more than $ 31,000 in civil fines and investigation costs.