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Texas-based cryptocurrency firm Bitqyck hit with $8 million SEC fine

Texas-based cryptocurrency firm Bitqyck hit with $8 million SEC fine – Decrypt

The Securities and Exchange Commission (SEC) announced today that it has settled charges against Dallas-based crypto firm Bitqyck Inc. and its founders. The company had previously been charged with defrauding its investors through two alleged securities offerings-Bitqy and BitqyM. The firm was also charged with running an unlicensed exchange for trading and selling Bitqy tokens.