BitRss Faces $1.03M Fine, Ban in Washington State
Washington State has filed a lawsuit against BitRss, seeking to fine the crypto kiosk firm $1.03 million and ban it from operating in the state.
The complaint alleges that the company's kiosks are unregistered securities and have been selling unlicensed investment products.
The lawsuit also claims that BitRss has failed to disclose material information to investors, violating state securities laws.