http://www.marketwatch.com/story/cfpb-to-bitcoin-investors-youre-in-the-wild-west-2014-08-11The Securities and Exchange Commission issued its first alert last year, calling bitcoin a vehicle for Ponzi schemes. It issued another notice this May, citing bitcoin’s “potential to give rise both to frauds and high-risk investment opportunities.” Wall Street’s self-regulator, the Financial Industry Regulatory Authority, called bitcoin “more than a bit risky.” (Read: Regulators line up to crack down on bitcoin.)
