[2015-10-06]CCN-FEDS BUST GEMCOIN STARTUP ACCUSED OF A $32 MILLION SCAM

[tolikkk]

Federal authorities have raided an alleged Ponzi investment scam that promised to pay dividends to investors by claiming to hold amber mines whose profits would be paid out in the cryptocurrency – Gemcoin.

https://www.cryptocoinsnews.com/feds-bust-gemcoin-startup-accused-32-million-scam/

[Slark]

I can't even express how stupid you must be to believe in scams like these. There were sufficient proofs that it is nothing but scam:
1. New altcoin. - so you want to invest in shitcoins?
2. Promise of high rewards - oh yea, not screaming - Ponzi at all.
3. I bet everyone who invest money in this knew what they are doing.