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Virtual Casino Company Ordered to Stop Selling NFTs by Texas, Alabama Securities Regulators

April 13, 2022
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Virtual Casino Company Ordered to Stop Selling NFTs by Texas, Alabama Securities Regulators

April 13, 2022
Securities regulators in Texas and Alabama on Wednesday (April 13) have ordered Cyprus-based online casino developer Sand Vegas Casino Club to stop selling nonfungible tokens (NFTs), saying the company was offering unregistered securities and defrauding the public, according to a Reuters report. Sand Vegas and co-founders Martin Schwarzberger and Finn Ruben Warnke allegedly offered 11,111 […]