Professor to SEC: Bitcoin Funds ‘Like a Penny Stock or Ponzi’Computer science professor Jorge Stolfi has angered bitcoiners with his submission to the SEC regarding a proposed Bitcoin investment fund.
As part of its approval process to be listed on the Bats BZX Exchange, details of the COIN ETF were published today in the US Federal Register. Any interested parties have 45 days to submit an opinion to the US Securities and Exchange Commission.
READ MORE >>>
https://news.bitcoin.com/professor-sec-bitcoin-penny-stock-ponzi/ Just because somebody has a 'professor' before his name, doesn't mean that he has to be taken seriously.
Remember Professor "Bitcorn", who predicted that Bitcoin would drop to $10 within a year?