Friday, July 22, 2016

Bitcoin Ponzi Schemer Gets 18 Months in Prison

In a landmark case involving the first-ever federal securities fraud involving bitcoin, a Texas man identified as the operator behind a Ponzi investment scheme has received a sentence of 18 months in prison. Trendon Shavers, aka “Pirate@40” was sentenced to 18 months in prison for the charge of one count securities fraud due to his […]

The post Bitcoin Ponzi Schemer Gets 18 Months in Prison appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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