Switzerland issues warning on fake cryptocurrencies, shuts down E-coin

[valentin68]

Switzerland is knowing what is doing. I read somewhere that poeple in Switzeland can officially use  bitcoins to pay for their expenses and other things. Switzerland is everyone's paradise when it comes to banking and Switzerland bankers know what to do to have profit. As I know Switzerland is the country in the world that has accepted bitcoin as an official currency, so its bankers know what to do in this respect.

[Lorilikes]

 At least in Switzerland they're cracking down in a way that is fair and feasible . It is unlikely to be so easy for those  dealing with the regulatory changes in China .  I personally love Decentralized  ICO concept but for now we all just have to wait and see .

[stompix]

They shut down a crypto non the less.
There was nothing "fake" about it. Compared to bitcoin any coin that is premined or that is pos or whatever it's also a fake.

But I really would love to see somebody investigating usdT. There will be some fireworks when that is exposed

USDT is a crypto, there is real USD inside of a token that is traded on the public blockchain (Omni). It is just as real as any other token

And you know about those real USD... because?
Their "proven" reserves at only 6% of the current value of the tokens.
If somebody will need to cash out really really fast it will go bust.

Real? How do you know those usd are real?
Have you seen them? Have you touched them? Are you watching a live security camera 24/7 so you know nobody has run with them?

You know that two exchanges had certified security and "proven" bank accounts and when they went south there was no trace left?