ProTek Capital Inc (PRPM)

[Kool Aid Man]

Crypto crackdown continues........

Three scammers charged just today

https://www.engadget.com/2018/01/19/cftc-charges-three-cryptocurrency-operators/

Entire countries are cracking down

There are also fears that bitcoin and other cryptocurrency could threaten the security of the global economy; as a result, the US isn't the only country taking action. China is moving toward an "orderly exit" from bitcoin mining because of its use of resources, as well as its affect on investors. Back in December, South Korea (which is the third largest market for cryptocurrency, after the US and Japan) banned all anonymous cryptocurrency accounts and enacted new regulations for monitoring exchanges.

In a joint statement, the CTFC Enforcement Director and the Securities and Exchange Commision Enforcement Co-Directors made clear that the US government will be keeping a close eye on cryptocurrency action.

Additionally today---

Joint statement from CFTC and SEC Enforcement Directors Regarding Virtual Currency Enforcement Actions

January 19, 2018

Washington, DC – Joint statement from CFTC Enforcement Director James McDonald and SEC Enforcement Co-Directors Stephanie Avakian and Steven Peikin regarding virtual currency enforcement actions.

“When market participants engage in fraud under the guise of offering digital instruments – whether characterized as virtual currencies, coins, tokens, or the like – the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws.

“The Divisions of Enforcement for the SEC and CFTC will continue to address violations and to bring actions to stop and prevent fraud in the offer and sale of digital instruments.”
http://www.cftc.gov/PressRoom/PressReleases/mcdonaldstatement011918#PrRoWMBL

HEAR THAT EDDIE???? "SUBSTANCE"..."PREVENTION OF FRAUD."

Serial scammer Edwad Vaksham had better start looking elsewhere for his next fraud. The last thing he wants is to try and pull off something hinky under the noses of enforcement agents.