[2015-08-27] Two Members Of MyCoin Bitcoin Ponzi Scheme Arrested

[jdebunt]

http://digitalmoneytimes.com/crypto-news/two-members-mycoin-bitcoin-ponzi-scheme-arrested/

Bitcoin has a bad reputation all over the world, as the virtual currency is often associated with scams, hacking and Ponzi schemes.  Several financial experts went as far as calling Bitcoin – “the biggest Ponzi scheme of all times” – a few years ago.  Unfortunately, the latest arrest of people allegedly associated with the MyCoin Bitcoin Ponzi in Taiwan will only fuel the fire.

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[TraderTimm]

Lazy writing.

Replace Bitcoin with "cash" and you have the same result. Perhaps the issue here is that Bitcoin has value, so there will always be someone willing to run scams? Happens with gold, cash, and anything else that stores value. But there I go, being all logical and stuff...