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Topic
Board Beginners & Help
Re: Warning to US Investors!
by
denis-z12
on 25/02/2018, 08:15:23 UTC
Why should a government decide for your investments? Maybe because they know something which the rest of the people donesn't know? Could Venezuelan project be a scam?

Because of the current US sanctions against Venezuela. As I understand it, no US institution can lend any money to Venezuela, and buying their crypto could be construed as such. It's up to the courts to decide, of course, but they're warning people anyway to avoid potential legal consequences. US citizens could still do as they please and "invest", but at their own risk.
Nicely said. Thats a good explanation.