Arizona Regulator Halts Unregistered Stablecoin Offering by IVT Media Group

• —Temporary cease and desist order filed October 2 under case S-21423A-26-0421
• —IV-SOL was pitched as a no-risk stablecoin with three phases and forever-generative returns
• —Maxon has been a lien debtor for about $15,000 since 2005 and owes roughly $853,500 in judgments
• —The Commission seeks a permanent halt, investor restitution and administrative penalties