Cryptocurrency Trading Firm Fraudulently Using Jennifer Aniston and Prince Charles’ Photos Kicked Out Of Texas

The Texas State Securities Board has issued a cease and desist order to a cryptocurrency trading company called “Wind Wide Coin” which has reportedly been fraudulently using photos of Prince Charles and Jennifer Aniston for fake identities.

The cryptocurrency firm has reportedly been boasting of more than 900 percent daily profits from its trading activities. However, this is believed to have been one of the hooks that it to lure in optimistic people looking to profit from the cryptocurrency market. However, such returns in reality cannot be achieved on a daily basis due to the volatile nature of the digital currency market. The company claims that it uses an automated bot to achieve the high rate of returns.

Travis Iles, the Texas Securities Commissioner told “Wind Wide Coin” to stop conducting businesses in the Lone Star State (Texas). He stated that the company has been practicing fraud and running its operations illegally. Iles stated that the fraudulent activities include the use of fake testimonials as well as the use of photos of Prince Charles and actress Jennifer Aniston to present fake identities.

According to reports, one of the testimonials was under the name “Kate Jennifer” but a photo of Jennifer Aniston was attached to the profile while the other profile was labeled “Mark Roberts” but the profile photo was that of Prince Charles. Additionally, the company gives the address 5015 Mitchelldale in Houston on its website, but the authorities claim that there is no building in Texas with that address. Its “About Us” section also claims that it is a legally registered firm but in reality “Wind Wide Coin” is not registered in Texas.

This is not the first time that “Wind Wide Coin” has been ordered to shut down its operations. The Texas State Securities Board has previously issued multiple orders telling the company to halt its operations. The recent warning issued to the crypto trading firm was an emergency cease and desist order that cites its illegitimacy.

The lack of proper disclosure and the use of false testimonials among other things provide a strong argument about the company’s fraudulent nature. The cryptocurrency market has provided a lot of opportunities for wealth creation but unfortunately, it has also attracted a lot of scammers looking to make some quick cash. From the looks of things, Wind Wide Coin falls in the fraud category.