U.S. charges Texas man with running bitcoin Ponzi scheme
By Jonathan Stempel NEW YORK (Reuters) - A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme. Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than ...
Thu, 06 Nov 2014 09:31:48 -0800
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