17 Oct '15, 11pm

MMM Global Republic of Bitcoin: Crypto's Next Scandal?: I have seen many scams come and go in my two ... #Bitcoin

I have seen many scams come and go in my two years of following crypto. Altcoins have promised the world and delivered hot air. Exchanges have disappeared with my coins. Dubious links posted in trollboxes have attempted to install keyloggers and trojans on my computer. Recently I came across a scam of even more alarming proportions. It is called “MMM Global Republic of Bitcoin.” See their Facebook site and their website . Those who follow Ponzi schemes will immediately recognize the name MMM . In the 1990s, Russian fraudster Sergey Mavrodi ran one of Russia’s largest Ponzai schemes with the same name . Savvy marketing and promises of 1000%+ returns suckered tens of thousands of people into investing their savings in Mavrodi’s scheme. By 1994, when MMM’s offices were closed due to tax evasion, Mavrodi owed his investors beween 100 billion and 3 trillion rubles (between tens...

Full article: https://letstalkbitcoin.com/blog/post/mmm-global-republic...

Tweets

BTCC CEO Bobby Lee Warns Bitcoin Investors about MMM Ponzi Scheme

BTCC CEO Bobby Lee Warns Bitcoin Investors abou...

cointelegraph.com 18 Oct '15, 6pm

Customers from Shanghai-based bitcoin exchange BTCC have been receiving incredibly high profitably bitcoin investment offe...

Bitcoin Price Surges past $270, Influenced by Global Economy

Bitcoin Price Surges past $270, Influenced by G...

newsbtc.com 17 Oct '15, 6pm

Bitcoin price has crossed the $270 mark, which is really good news for bitcoin after it fell drastically from the $300 ped...

EU Court to Decide Bitcoin's VAT-Status Next Week

bitcoinmagazine.com 16 Oct '15, 4pm

In what could be a landmark case for Bitcoin in the EU, the European Court of Justice (ECJ) has announced that it will mak...

What 2016 Holds for Bitcoin Businesses

What 2016 Holds for Bitcoin Businesses

coindesk.com 18 Oct '15, 10am

Charlie Woolnough is a co-founder of CoinCorner, a consumer-focused bitcoin services business. In this article, he gives h...

#news #bitcoin #btc Completes Successful Produc...

bitcoinmagazine.com 16 Oct '15, 10pm

In June, Bitcoin Magazine reported that e-commerce giant Overstock had become the first company to offer qualified buyers ...

Why We Should Care about Bitcoin Governance

Why We Should Care about Bitcoin Governance

coindesk.com 17 Oct '15, 9am

Nozomi Hayase PhD, is a writer covering issues of freedom of speech, transparency and decentralized movements. In this art...

Beleaguered undersecretary resigns from VA after hiring scandal

Beleaguered undersecretary resigns from VA afte...

stripes.com 16 Oct '15, 7pm

Allison A. Hickey, right, the Department of Veterans Affairs' undersecretary for benefits, at a House Appropriations subco...

Are you a Bitcoin expert? Show it by sharing yo...

wiki.bitcoin.com 18 Oct '15, 3pm

Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses p...

Mental Illness Is a Laughing Matter... If You W...

pack.li 20 Oct '15, 3pm

Fire&Ice 4 - Dario Benson eBook: Allie Kinsley: Amazon.de: Kindle-Shop Fire&Ice 4 - Dario Benson eBook: Allie Kinsley: Ama...

"Bitcoin: A how-to guide for small business" av...

nimblewisdom.com 20 Oct '15, 11am

Why We Gain Weight Is Dieting Necessary for Weight Loss? Choosing the Right Diet Plan Who to Approach When You Want to Los...

A Case of Brazil Blight? Scandal-Hit Malaysia R...

blog.limkitsiang.com 17 Oct '15, 2am

A Case of Brazil Blight? Scandal-Hit Malaysia Risks Lost Decade Shamim Adam Bloomberg October 16, 2015 Meet Malaysia, the ...

A case of Brazil Blight? Scandal-hit Malaysia r...

blog.limkitsiang.com 17 Oct '15, 2am

Shamim Adam Bloomberg October 16, 2015 Meet Malaysia, the new Brazil. Nearly felled by the Asian financial crisis in the l...

How to Build Your Bitcoin Community: ‘The Eleva...

cointelegraph.com 19 Oct '15, 4pm

When people I know, or don’t know, ask me about work or what I do, I tell them that I write about Bitcoin, or I teach peop...