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Title: [2015-10-03] Alleged $32m Gemcoin crypto-bucks scam busted by Feds Post by: LiteCoinGuy on October 03, 2015, 05:20:56 PM Alleged $32m Gemcoin crypto-bucks scam busted by Feds
The US Securities and Exchange Commission (SEC) says it has broken up an investment scam that defrauded citizens out of $32m by promising to mine minerals out of the ground – and pay out profits in cryptocurrency. http://www.theregister.co.uk/2015/10/02/gemcoins/ Title: Re: [2015-10-03] Alleged $32m Gemcoin crypto-bucks scam busted by Feds Post by: aso118 on October 04, 2015, 12:11:35 AM Alleged $32m Gemcoin crypto-bucks scam busted by Feds The US Securities and Exchange Commission (SEC) says it has broken up an investment scam that defrauded citizens out of $32m by promising to mine minerals out of the ground – and pay out profits in cryptocurrency. http://www.theregister.co.uk/2015/10/02/gemcoins/ Yet another ponzi scheme. The only difference is that the payout was supposed to be in an altcoin. Title: Re: [2015-10-03] Alleged $32m Gemcoin crypto-bucks scam busted by Feds Post by: LiteCoinGuy on October 05, 2015, 02:11:31 PM http://arstechnica.com/tech-policy/2015/10/feds-raid-cryptocurrency-startup-accused-of-scamming-32m-from-investors/
Title: Re: [2015-10-03] Alleged $32m Gemcoin crypto-bucks scam busted by Feds Post by: Keyser Soze on October 05, 2015, 05:31:58 PM http://www.sec.gov/litigation/complaints/2015/comp-pr2015-227.pdf (http://www.sec.gov/litigation/complaints/2015/comp-pr2015-227.pdf)
Man, the claims in section C starting on page 7 are crazy. Who believes this stuff... Title: Re: [2015-10-03] Alleged $32m Gemcoin crypto-bucks scam busted by Feds Post by: Zombier0 on October 05, 2015, 05:34:05 PM What is it? Never head of this coin
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