Re:Texas man charged with running $60M Bitcoin Ponzi scheme
by awt on Wednesday July 24, 2013 @03:19AM
(#6094873)
Why Bitinstant?
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Re:Texas man charged with running $60M Bitcoin Ponzi scheme
by downandout on Wednesday July 24, 2013 @07:00AM
(#6095410)
They turned into a quasi-Ponzi scheme earlier this year. Until they shut down, they delaying orders, in some cases by months, and using money from new orders to pay for the old pending orders. Who knows where the money from the old pending orders went.