Bitcoin head charged in US securities case

Bitcoin head charged in US securities case

NEW YORK – Trendon Shavers, founder of Bitcoin Savings and Trust, has been charged with fraud and accused of masterminding a $4.5 million Ponzi scheme, according to federal prosecutors in Manhattan who said it was the first U.S. securities-fraud prosecution tied to the electronic currency.

Sun, 09 Nov 2014 17:08:58 -0800

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