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September 18, 2015, 07:36:10 PM |
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... The connection to a third company has previously led figures within the cryptocurrency community to suggest that Tyson could be the victim of a scam. Writing on the Silicon Angle blog, Duncan Riley noted that the domain for the project’s website is registered to Peter Klamka, CEO of Bitcoin Brands.
According to Google Finance, Bitcoin Brands currently has a share price of just $0.0001 and a market cap of $6,780 (£4,367).
Riley concluded: “The best guess here is that Mike Tyson has been suckered into a deal by a fast talker who has promised him millions if he gets involved and lends his name to the enterprise, despite the company behind the enterprise having a market cap that is probably about half the value of one bottle of the champagne Tyson prefers to drink.”
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I'll reserve judgement until I see how things pan out. However, bringing in a name like Tyson could get the attention needed to spring bitcoin into Sin city.
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