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March 16, 2018 07:18 pm GMT

FTC shuts down crypto Ponzi schemers

The FTC has announced that they’ve issued temporary restraining orders and frozen the assets of a team of three defendants who pitched investment advice as the Bitcoin Funding Team and My7Network. The FTC claims that the defendants “promised big rewards for a small payment of bitcoin or Litecoin.” From the report: According to the FTC, […]

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