Neweraeducation.com Cryptocurrency Fraud Cease and Desist Order

Thu, 16 Apr 2026 22:44:36 +0000
Securities

The Arkansas Securities Commissioner issued a Cease and Desist Order against Neweraeducation.com for operating an unlicensed cryptocurrency trading platform that defrauded an Arkansas customer of over $1.4 million. The order finds that New Era violated provisions of the Arkansas Uniform Money Services Act by engaging in money transmission without a license. New Era falsely claimed affiliations with Blackstone, Coinbase, and J.P. Morgan while offering fake investment returns of 2% daily interest.