Hope you all actually read the quote because it's a pretty serious situation.
It may be setting a precedent too..
I was rather surprised to say the least hearing about this.
This is no FUD people.. this is a slew of banks accounts seized by authorities and a major investigation.
And the keywords i put in the title were taken straight from the authorities mouth word for word.
It's about time people in Crypto realize they are not bullet proof and immune to law.
I went digging for the scam topic to mention the super shill's last comment he posted here.
How he said the official site mentioned it paid the premined money to "Investors"
Which would be the people at Seminars buying into the Ponzi by paying expensive seminar fee's and DVD's etc.
That admission he posted earlier was a major revelation !
It also says a bunch of stuff on the ANN topic about the premined money.
It said 50 million was premined for the foundation but later down the ANN topic it says the foundation "holds"
only 10 million with no mention of where the rest of the 40 million went to.
We also seen on the other shill topic new users defending it all saying the guys behind the foundation and Dan the guy credited for starting the coin as "not connected" to LEO coin.
See the picture above ? An obvious bold face lie.
This really is a giant swirling vortex of scam backed by old school multi level marketing scammers with deep pockets.
And THIS is who you guys are supporting with half the scammy coins around here.
Supporting a shitcoin to make a few bucks profit make these guys a TON of money.
And once they get a taste do you all think they are going to leave ?
Anyway i wonder what will happen with LEOcoin now.. i am too lazy to look at CoinmarketCAP
I bet it's tanking as we speak..