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A comment on BitConnect Closes Exchange as States Warn of Unregulated Sales. Parent comment

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by JustFinishedBSG on Wednesday January 17, 2018 @04:21AM (#16166595)
No, Ponzi schemes are illegal. Even if you write in huge bold red letters "HEY THIS IS A PONZI SCHEME" before people "invest" it wouldn't change anything legally.
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Re:BitConnect Closes Exchange as States Warn of Unregulated ... by beejiu on Wednesday January 17, 2018 @04:30AM (#16166630)
> Even if you write in huge bold red letters "HEY THIS IS A PONZI SCHEME"

Remember a few years ago the service ponzi.io, a openly transparent Bitcoin ponzi scheme. Here's the discussion from back then: https://news.ycombinator.com/item?id=7202182

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Re:BitConnect Closes Exchange as States Warn of Unregulated ... by JustFinishedBSG on Wednesday January 17, 2018 @05:30AM (#16166871)
I unfortunately know all too well considering I own a very similar domain name haha.
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