In the United States and regulators in five states reportedly filed an emergency cease-and-desist order earlier this week against a metaverse enterprise they claim ‘is simply a high-tech scam’ with illicit ties to Russia.
According to a report from NBCNews.com, authorities in Wisconsin, Texas, New Jersey, Alabama and Kentucky simultaneously ordered the Flamingo Casino Club-branded domain to cease offering users the ability to purchase non-fungible tokens. The 22-page order was purportedly issued after an official investigation concluded that the site was promoting a non-existent relationship with the Flamingo Las Vegas Hotel and Casino while operating under an IP address registered to Moscow.
Operational opacity:
The injunction reportedly alleged t…