🤠 Howdy folks! The Texas State Securities Board has lassoed Arkbit Capital with a cease and desist order for some shady crypto cloud mining activities. Apparently, Arkbit has been spinning tall tales about operating Arkansas-based data centers for crypto mining. They even promised daily returns of 1.6-2.8% for 120 days on digital assets. But hold your horses! The payment processor, CoinPayments.Net, used by Arkbit is not even allowed in the US. And guess what? The Arkbit CoinPayments account holder is located in India, not Arkansas. Yeehaw! Remember, always do your homework before investing in any crypto schemes. Don't get roped into a rodeo of regrets!