The Securities and Exchange Commission (SEC) received a court order to charge Titanium Blockchain Infrastructure Services (TBIS) with fraud, Forbes reported on Tuesday, May 29. The blockchain technology company allegedly broke laws imposed by federal securities in a $21 million crypto trading scam.
Titanium blockchain is an innovative company whose aim is to provide a foolproof internet infrastructure imprinted on the blockchain technology. Unlike traditional services where a company’s servers reside on several mutable devices, on this platform, IT services are decentralized on the Ethereum blockchain. All this comes at a reduced cost.