Linda Healthcare Corporation Issued Cease and Desist

The Colorado Department of Regulatory Agencies' Division of Securities first became aware of Linda Healthcare Corporation's "Linda Health Coin" (LNDA) in April.

A press release published by the Colorado Department of Regulatory Agencies states that the LNDA token was advertised to "be used to purchase specific 'Linda Health Insurance' covering telemedicine through an artificial intelligence chat services that creates medical solutions through use of blockchain technology."

The release asserts that "Potential buyers of LNDA coin are not provided disclosures of the risks of investing in cryptocurrency and a pop-up that states that this particular ICO constitutes a security in the state of Colorado can be closed and easily ignored."