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January 05, 2018, 06:56:31 AM |
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So apparently, BitConnect will have to face a hearing this week and prove to the UK Government that the project is a legitimate business.
The coin currently sits around $240 - There must be some nervous investors out in the crypto world today.
If they are proven to be a ponzhi scheme, they will be dissolved and all property forfeited to the government.
It will be an interesting watch. Feel free to keep this thread updated on the matter.
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