Last Updated: 17 March 2021 The Texas State Securities Board (TSSB) has issued a cease-and-desist order against an allegedly fraudulent scheme posing as the cryptocurrency company Binance. The fraudulent business whose initial name was Delta Crypt Limited has allegedly used the Binance brand to lure investors. Delta Crypt Limited In a press release, the Texas Regulator announced that the Securities Commissioner, Travis J. Iles, had entered an emergency order aimed at Delta Crypt Limited. Before now, Delta Crypt, which is listed with U.K business registrar Companies House, was previously accused by the Philippines securities watchdog of illegally offering securities in April last year.