Thursday, August 03, 2017 by Martin Mavis
The Bitcoin Ponzi scheme is beginning to face increasing regulations from government as the SEC announces that ICOs are subject to securities laws.
Podcast Transcript: “Remember how I’ve been telling you that the powers that be were going to crack down on bitcoin in a huge way. That the globalists, the governments and the central banks wouldn’t allow it to succeed. Well, the crackdown has just begun. The SEC has just announced that it is going to regulate ICOs under it’s regular investment laws and regulations. ICO stands for ‘initial coin offering.’ It’s a method by which all of these con artist start ups that say they are offering coins, all different kinds of logic and software – most of it is just total garbage – they’ve been raising millions of dollars, sometimes tens of millions of dollars worth of cryptocurrency through these totally unregulated, wild west ICOs. And the ICOs are mostly garbage. Because it’s been totally unregulated, there have been lots of people who have been using it to scam potential investors. This has driven up bitcoin prices dramatically…” Listen to the full podcast below: