Bitcoin Forum

Bitcoin => Press => Topic started by: vaux on October 25, 2014, 05:47:15 AM



Title: [2014-10-25] Bit Con? Veteran fraud expert sets his sights on bitcoin
Post by: vaux on October 25, 2014, 05:47:15 AM
http://fortune.com/2014/10/24/bitcoin-fraud-scam/

His books on international money laundering and the pharmaceutical industry pulled back the curtain on the nefarious behavior of some in the banking and pharmaceuticals industries. Now, he is turning his attention to bitcoin, with a new polemic called Bit Con: The Naked Truth About Bitcoin.

Of course, unlike the schemes of felonious bankers, bitcoin—the technology and the currency—wasn’t conceived as a malicious scam. But Robinson is convinced that when all is said and done, it will become the vehicle for hucksters to trick both innocents and bitcoin’s ideological backers out of millions.