Business Ponzi Scheme BitCoin Site BitConnect Shuts Down – NYMag Select All

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Thanks to its early associations with dark net drug markets, there’s always been a whiff of the unseemly around Bitcoin and cryptocurrency. Shibuya, Tokyo–based exchange Mt. Gox, which at one point handled nearly 70 percent of all Bitcoin transactions, declared bankruptcy in 2014 after about …

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via NYMag Select All – http://ift.tt/2DdEXlS

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