Texas Securities Commission Says South African Bitcoin and Forex Trading Platform MTI for Multi-Level Trading Scam

According to Chain News, the Texas State Securities Board (TSSB) has asked the South African bitcoin and currency trading platform Mirror Trading International (MTI) to cease trading immediately. The TSSB called the platform a multi-tiered trading scam, saying it can gain a percentage of its members through smart technology (AI) technology and source unlicensed vendors to trade security. Lianwen investigated the platform's legitimate website and found that the company uses Bitcoin as its main asset and uses state-of-the-art digital software and artificial intelligence technology to provide trade services traded in foreign trade in the whole world. The minimum limit for platform members to participate in the business is $100. The daily income is transferred to the member's account.