Bitcoin Ponzi Schemer Lost a Bet – Bloomberg View

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Bloomberg View

Bitcoin Ponzi Schemer Lost a Bet
Bloomberg View
Trendon Shavers, alias "pirateat40," 1 ran a bitcoin fund called "Bitcoin Savings and Trust." BCS&T was apparently a Ponzi scheme. We knew that; the Securities and Exchange Commission brought a civil case against him last year, which resulted in a $40 …

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