A cryptocurrency firm’s website helped get the company in trouble with a regulator by purportedly showing videos of virtual currency mining farms that did not exist. The films were actually doctored stock footage, the Texas Securities Commissioner said. Photographer: Chris Ratcliffe/Bloomberg

A cryptocurrency firm’s allegedly fake videos have helped land it in trouble with a regulator.

An order barring London-based BTCRUSH from doing business in Texas was issued today after Texas Securities Commissioner Travis Iles found, among other things, that BTCRUSH’s website contained fake videos purporting to show three cryptocurrency mining farms.

In reality, the farms do not exist and the films were stock footage that had been altered.

The BTCRUSH website claimed one of its cryptocurrency mining centers, Hepaestus Farm is operated in a secretive World War II bunker.

“What can be more reliable than a bombproof shelter?” the BTCRUSH promotion asked.

What was also unreliable, in addition to the fake footage of a fake cryptocurrency mining farm, alleged Iles, is BTCRUSH is not registered to sell securities in Texas and its claims are beyond the pale.

On its website, BTCRUSH boasted investors would earn 4.1% interest per day with the ability to turn $10,000 into $149,650 in a year.

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