It sucks that crypto has to go through this progression but we always knew scams like Bitconnect and this one would end. Good thing they are looking into it now at the very least, stop the scams people.
The real problem is that they didn't publish their financial statement!
Scams should be stopped or at very less halved. If the government is here because of that let them do it. But the real problem is that the government is looking into matters that are presenting some kind of threat to them even it is not a scam.
Scams should be removed, they are the one make the bad images of crypto in our society! The reason behind the fear of the people to invest and engage in cryptocurrency! In news, the speculations about cryptocurrency are good and interesting but definitely, cryptocurrency is a matter of risk.
Scams are the reason of maltreatment of the government. The government did not want to suffer their citizen into bankruptcy. They do not want us to engage in a invisible investment.
