Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
sockpuppet1911
on 31/05/2018, 20:37:58 UTC
Authorities in Europe have ruled that crypto mining is a financial service or better said AIF, an alternative investment fund. Basically to my understanding this is probably the end of envion as it renders their business model simply illegal, I guess they will have to pay back the money to investors, but not for sure, it might also just be distributed among the shareholders, I did not read the WP in this regard, maybe someone should do it to soon.

Interesting, but i am not sure how that renders the whole business model illegal, please explain if you have an insight on this.