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Plea Deal Reached in Trendon Shavers Bitcoin Ponzi Scheme – Finance Magnates

Tuesday 22nd, September 2015 / 16:39
Plea Deal Reached in Trendon Shavers Bitcoin Ponzi Scheme – Finance Magnates

Finance Magnates

Plea Deal Reached in Trendon Shavers Bitcoin Ponzi Scheme
Finance Magnates
Between September 2011 and September 2012, his Bitcoin Savings & Trust (BTCST) allegedly raised 764,000 bitcoins, worth roughly $4.5 million at the time, from investors. He promised returns of 7% per week, or 3,641% per year, claiming to employ market¬†…

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