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A comment on BitConnect Closes Exchange as States Warn of Unregulated Sales. Parent comment
Ponzi schemes are illegal [1]. Receiving transaction-based compensation to promote a Ponzi scheme is the likely securities fraud.
[1] http://www.acfe.com/ponzi-schemes.aspx
Disclaimer: I am not a lawyer. This is not legal advice.
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Ponzi schemes are illegal [1]. Receiving transaction-based compensation to promote a Ponzi scheme is the likely securities fraud.
[1] http://www.acfe.com/ponzi-schemes.aspx
Disclaimer: I am not a lawyer. This is not legal advice.