The Texas State Securities Board (TSSB) has announced a landmark settlement that will ensure full refunds for investors caught in a sprawling cryptocurrency investment scheme with an estimated value of about $1 billion. The scheme included tokenized pieces of a Dubai skyscraper.
The settlement, announced by Texas Securities Commissioner Travis Iles on Sept. 9, resolves claims against GS Partners and its parent company, GSB Group, which were accused of selling unregistered securities tied to digital assets.
