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July 22, 2016

Bitcoin Ponzi Schemer Gets 18 Months in PrisonBitcoin Business

Bitcoin Ponzi Schemer Gets 18 Months in Prison

In a landmark case involving the first-ever federal securities fraud involving bitcoin, a Texas man identified as the operator behind a Ponzi investment scheme has received a sentence of 18 months in prison. Trendon Shavers, aka “Pirate@40” was sentenced to 18 months in prison for…
cinerama
July 22, 2016

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