Re:CEO of porn cryptocurrency disappears with investor money
by eganist on Monday January 08, 2018 @07:34PM
(#16102384)
Correct, and the USG does not. IRS guidance calls all cryptocurrencies property.
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Re:CEO of porn cryptocurrency disappears with investor money
by palakchokshi on Monday January 08, 2018 @07:44PM
(#16102446)
I'm not a fan of cryptocurrencies myself but I am trying to argue the spirit of the transaction which considered ETH as a currency.
Legally I am with you 100% that the investors are out of luck. That's the price of "investing" in a highly speculative vaporware "currency".