2018-7-29 08:48 |
Mining
The Securities Commissioner of South Carolina dismissed its previous order of nearly half a year ago against Genesis Mining.
Both Genesis Mining and Ship Chain were issued cease and desist order withdrawal notices.
Genesis Mining, on the other hand, was named a respondent in an unrelated case, also thought to be selling unregistered securities but with cloud mining contracts.
Combine that fact with relatively exotic industry as cloud mining companies, and jumping to conclusions is an obvious result by regulators.
The Icelandic company, Genesis Mining, has been in the ecosystem for five years, and is one of the biggest cloud mining companies in the space.