Post
Topic
Board Altcoin Discussion
Re: The altcoin topic everyone wants to sweep under the rug
by
TPTB_need_war
on 06/04/2016, 02:23:48 UTC
SEC sent out a warning in January 2016. Hope the pumpers are preparing for their jail time:

Read it yourselves.. https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf (Issued Jan 4th 2016)

I get where you're coming from but that link statement doesn't tally with what you've written. That link is talking specifically about Ponzi schemes which involve an individual or group 'personally' taking money from a person or people to pay off previous investors thereby creating a false impression of investment return.

You need to learn to read:

Quote
Look Out for Potential Scams
Using Virtual Currency


We are concerned that the rising use of virtual currencies
in the global marketplace may entice fraudsters to lure
investors into Ponzi and other schemes in which these
currencies are used to facilitate fraudulent, or simply
fabricated, investments or transactions