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Alleged Bitcoin Scam Leaves Millions Missing
First time accepted submitter OutOnARock writes Yahoo Finance is reporting on the latest Bitcoin scam, this time from Hong Kong. "Investors in a Hong Kong-based Bitcoin trading company fear they have fallen victim to a scam after it closed down, a lawmaker said Monday, adding losses could total HK$3 billion ($387 million). Leung Yiu-chung said his office recently received reports from dozens of investors in Hong Kong who paid a total of HK$40 million ($5.16 million) into the scheme run online by MyCoin, but the total loss may be vastly more. 'The number of cases is increasing. These two days I received calls about more than 30 cases. We estimate more than 3,000 people and HK$3 billion are involved,' he told AFP."
Bitcoin by definition is a scam. You can't have a scam of a scam.
Invest in my scheme! Send me money and I'll send you slips of paper that say you own gold!
If I have been able to see further than others, it is because I bought a pair of binoculars.
A libertarian and his money...
If you had bought bitcoins a year ago, a million dollars could have made you a thousandaire.
Why have you heard something?
... or possibly flamebait.
Are the Bitcoin skeptics like me allowed to be smug yet?
XML is a known as a key material required to create SMD: Software of Mass Destruction
Buy bitcoin, otherwise his stash will not grow in value.
I was thinking the same thing. "Bitcoin scam" is redundant. It's kind of like saying "worthless Kardashian."
SJW's don't eliminate discrimination. They just expropriate it for themselves.