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A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath

The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFP...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath
The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands and Panama, promoted “Crypto Arbitrage Investment Packages” without proper registration. […]

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