Two ICO Companies Under Investigation in Colorado for Illegal Promotion

The Department of Regulatory Agencies (DORA) in Denver, CO, is currently investigating two companies for offering illegal ICOs (Initial Coin Offerings) to the resident of Colorado. These two companies, Broad Investments LLC which is based in Washington and Linda Healthcare Corporation (based in Silicon Valley,  California), might possibly have violated the local Colorado securities law through their ICOs promotion.

The Broad Investments, LLC is an investment club that was established in 2011. Broad Investments, LLC is registered in the Washington state of the United States. At the moment, the company’s website, movi-invest.com is no longer accessible.

The other company, Linda Healthcare Corporation, claims that they have developed an artificial intelligence system with an advanced natural language. This latest technology is created for healthcare focuses on, before and after surgery and general medicine dialogue. The website stated that Linda is backed by a team of AI researchers from Stanford and Harvard University. The company goal is to optimize the use of Artificial Intelligence technology and innovation, combined with blockchain technology for the most advanced health care services.

Basically, Linda is the name of an artificial intelligence (AI) machine. Linda acts as a Virtual Medical Assistant that can provide any assistance you need, medical-wise, by answering any questions you need at any time.

In their investigation, DORA has found that Linda Healthcare is promoting a “LindaHealthCoin” token on their site, that could be used for buying their insurance product, Linda Healthcare’s insurance, while the said insurance network is currently inactive.

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