Pirateat40 Pleads Guilty to $4.6MM Bitcoin Ponzi Scheme Charge

By September 22, 2015Bitcoin Business

Texas man Trendon Shavers has finally admitted that he indeed was the brain behind Bitcoin Ponzi scheme named Bitcoin Savings and Trust (BTCST). As per a report by the Wall Street Journal , the entire racket was so big that at a certain time it actually had 7 percent digital currency in circulation under its grasp.

This case had taken the Bitcoin community by the storm, but now, as per the plea agreement, Trendon will […]

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