Texan Regulator Orders Suspected “Scamcoin” BitConnect to Cease and Desist ByRachel McIntoshPRO INVESTOR Updated: 08 January 2018 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. BitConnect has been ordered by the Texas Securities Commissioner to stop operating within the state.