The Importance of Collaboration

Category / Press releases / Cloudmining Industry Published on

To the entire crypto community and most importantly, our customers: On Sunday evening, we received a Cease and Desist letter from the South Carolina Securities Commission. This letter requires us to immediately stop selling to customers in South Carolina because of the belief that the service we sell, computer hash power (mining), is considered a security. According to the South Carolina Securities Commission, without registering or operating under exemption, the offering of our service would be a violation of the South Carolina securities laws.
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