I see this as something positive. Everybody who has been around here long enough knows there is a multitude of scams going around, but new investors may still need to be warned.
The overall tone is also not negative about bitcoin itself, which is good.
Pakistani authorities launched an investigation accusing LEO Coin of Fraud and running an MLM scam.
They also froze their bank accounts
I found out today they had already done this before too..
I seen this..
Leocoin Office in Pakistan shut down by policeSo.. go read the PDF.
Look at that one single scam coin of many.
Get it yet ?
That is not a sign of being legit.. that is a warning you will get ripped off and thrown in jail.
..and worse have your money seized.
Only at Bitcointalk do you all see crap like that and say ooooh that's "Good News"
And 3 AK's are a comin' Gamow.. i think it's time muahhahaha
PS: thanks for noticing my shoppin' skillz
There is a similar coin with the name of Onecoin. I don't know why i say "coin" because it isn't... They have pretty much the same situation with warning from London police, Belgium,investigated by (insert name here) authority ect. All the alarms are ringing, and so on. They lost about 20 bank accounts currently, the creator bitch is labeled as scammer before that. I don't know why people trust someone that has operated in another scam. And theirs friends involved in this current coin one has been jailed for ponzi and other is not clear either. This coin is just a MLM ponzi.
Reading this
the organizer of an alleged Ponzi scheme advertised a Bitcoin “investment opportunity” in an online Bitcoin forum. Investors were allegedly promised up to 7% interest per week and that the invested funds would be used for Bitcoin arbitrage activities in order to generate the returns. Instead, invested Bitcoins were allegedly used to pay existing investors and exchanged into U.s. dollars to pay the organizer’s personal expenses.
Can anyone point into what they are talking. Or who