The Texas State Securities Board (TSSB) warned on March 23 about coronavirus-related scams, crypto investments that promise high ROI in the midst of the coronavirus crisis.
Texas watchdog considers cryptos as high-risk assets and advised investors to check the Texas Investor Guide 2020. The TSSB warned that crypto is a high-risk investment and requires careful scrutiny. Cryptocurrencies were included in the report as one of the main threats to investors.