Popular article Bitcoin pirate ponzi scheme news

SEC Says Man Fittingly Named ‘The Pirate’ Ran Bitcoin
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SEC Says Man Fittingly Named ‘The Pirate’ Ran Bitcoin

Date Aug 18, 2018

In September, Texan man Trendon Shavers admitted to conducting a $4. 6M Bitcoin Ponzi scheme. On the popular bitcointalk. org forum, he promised investors a 7 …. /28/2017In reality, BTCST was a sham and a Ponzi scheme in which Shavers used Bitcoin from new investors to make purported interest payments and cover …

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Lawyer Spills the Beans on Bitcoin Ponzi Convict, Pirateat40
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Lawyer Spills the Beans on Bitcoin Ponzi Convict, Pirateat40

Date Aug 4, 2018

The digital currency Bitcoin may have its own Bernie Madoff. An investment scheme promising a 7% weekly return was in fact a fraudulent scheme, in which a Texas man used new investors. The latest Tweets from Bitcoin News (@News_Bitcoin). Follow for all the latest Bitcoin news Turns out it was a ponzi after all. Sorry for those that got caught up in this. Ponzis work because people are easily fooled. Remember pirate@40's Bitcoin Savings and Trust? I stupidly in that ponzi.

SEC Hammers In Ponzi Prosection
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SEC Hammers In Ponzi Prosection

Date Aug 10, 2018

Bitcoin's Bernie Madoff equivalent Trendon Shavers, the owner of Bitcoin Savings and Trust company, was arrested on wire fraud and securities fraud charges in Texas and the SEC are not likely to. ews; Man charged in alleged Bitcoin scam. A MAN has been charged with running a Ponzi scheme in which he raised some . 5 million in the virtual currency Bitcoin.

News - BitcoinGambling101
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News - BitcoinGambling101

Date Aug 18, 2018

In September, Texan man Trendon Shavers admitted to conducting a $4. 6M Bitcoin Ponzi scheme. On the popular bitcointalk. org forum, he promised investors a 7 percent weekly return on sums of more than 25K BTC. . Pirateat40 hastily shut down the scheme in mid-2012, leaving investors in …. Even before the scheme failed, forum users doubted BST and many believed it to be a Ponzi scheme. While security and piracy is part of the bitcoin world, BST sits atop as the largest bitcoin related fraud that was committed since its creation in 2009.

CryptosRUs - Bitcoin and Cryptocurrency News, Guides
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CryptosRUs - Bitcoin and Cryptocurrency News, Guides

Date Aug 10, 2018

The extent of Wagner involvement in the Bitcoin Savings Trust Ponzi scheme has yet to be ascertained, while Silicon Angle reports that there is “ample evidence” that he was “pushing” the. One of the most famous cases in the short history of Bitcoin has finally been decided in court. An American judge sentenced Trendon Shavers – best known as ‘pirateat40’ -, to pay a combined $40. 7 million for running a Ponzi scheme. Shavers was the owner of Bitcoin Savings and Trust, a company that sold investments using BTCRead More

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Pirateat40’ sentenced to pay $407 million over Bitcoin
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Pirateat40’ sentenced to pay $407 million over Bitcoin

Date Aug 19, 2018

Trendon Shavers, aka “Pirate@40,” wasarrested this morning on securities fraud and wire fraud charges stemming from his involvement in a Bitcoin-related Ponzi scheme. A Ponzi scheme is a fraudulent investmentoperation where the operator pays returns to its investors from new capital paid by new

Cointelegraph Bitcoin Ethereum Blockchain News
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Cointelegraph Bitcoin Ethereum Blockchain News

Date Aug 13, 2018

At CCN we provide you with the latest cryptocurrency news, including cryptocurrencies like Ethereum, Bitcoin, EOS, NEO, Litecoin, and major ICOs.

Bitcoin Ponzi Scheme Operator, Trendon Shavers (AKA
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Bitcoin Ponzi Scheme Operator, Trendon Shavers (AKA

Date Aug 11, 2018

Bitcoin Ponzi Scheme Operator, Trendon Shavers (AKA Pirateat40) Charged Trendon Shavers, operating under the alias “pirateat40”, has been charged by US District Court for operating a Bitcoin-related Ponzi scheme,

Pirateat40 Pleads Guilty to $46M Bitcoin Ponzi- News BTC
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Pirateat40 Pleads Guilty to $46M Bitcoin Ponzi- News BTC

Date Aug 13, 2018

The SEC filing said, “In reality, BTCST was a sham and a Ponzi scheme in which Shavers used Bitcoin from new investors to make purported interest payments and cover investor withdrawals on