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Krissy Meehan (formerly Krissy Mashinsky) and Alex Mashinsky are well-known for their connections to the failed and allegedly fraudulent crypto lender Celsius Network. Less thoroughly investigated, however, has been their role with Strong Blockchain , a brand name used for several different products led by the pair and related to e-commerce marketplace USA Strong.  Strong Blockchain is described as a “decentralized, community-driven platform that allows users to verify the authenticity of products made in the USA.” Meehan confidently stated on X (formerly Twitter) that “The verification of Americas [sic] Supply Chain = more jobs & a stronger local economy.”  Mashinsky listed himself as chairman of USA Strong on his LinkedIn, with Strong Blockchain at one point tweeting that it was “so great full [sic]” for his leadership (it later corrected the spelling and made sure to tag him). USA Strong told Protos that “Mashinsky is not Chair...

According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin". The Texas State Securities Board, including several state regulators, have come together to issue cease-and-desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies named TruthGPT Coin and Elon Musk AI Token. The orders seek to clamp down on what they claim is a fraudulent securities scheme attempting to capitalize on the growing buzz around artificial intelligence (AI). The TruthGPT Coin is being marketed as a crypto currency that utilizes an AI system called Elon Musk AI. The AI model can allegedly examine multiple digital assets, anticipate future crypto currency values, and distinguish lucrative Investments from fraud ulent ones. The parties involved are also promoting TruthGPT Coin as a highly profitable venture, even stating it could increase in worth by a s...