Here in Brazil we had a Bitcoin Ponzi (BitcoinRain) that ate some 15,000 BTC from clients. It wasn't on Bloomberg either...
Good point, have to agree with you there. Although, I wouldn't put NEOBEE in the category of ponzi scheme just yet. Calmer heads will let the tape play out and see what unfolds. If it does end up being one giant scam, my hats off to whoever dreamt it up
I mean, wow
I did not mean to imply that Neo&Bee was a Ponzi or other scam. I was just pointing out that 12,000 BTC is small in the scale of bitcoin scams/thefts/failures.
From what I have seen so far, I believe N&B was basically a bad business plan, badly executed. That is, I think that Mr. Brewster really believed that it would succeed.
On the otehr hand, the IPO already had some questionable features (investor rights, trading venue, prospectus, ...). And foul play often kicks in when businesses start to fail...