2013-08-01 Bitcoin? CFDs? SEC Shows Exotic Currencies and Securities.

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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-08-01 Bitcoin? CFDs? SEC Shows Exotic Currencies and Securities.

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Topic: 2013-08-01 Bitcoin? CFDs? SEC Shows Exotic Currencies and Securities. (Read 620 times)

patricktim (OP)

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August 02, 2013, 08:56:35 AM

http://www.complianceweek.com/bitcoin-cfds-sec-shows-exotic-currencies-and-securities-are-not-beyond-its-reach/article/305699/

According to the SEC, Shavers founded Bitcoin Savings and Trust (BTCST) and sold Bitcoin-denominated investments through the Internet. He allegedly "raised at least 700,000 Bitcoin in BTCST investments, which amounted to more than $4.5 million based on the average price of Bitcoin in 2011 and 2012 when the investments were offered and sold."

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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-08-01 Bitcoin? CFDs? SEC Shows Exotic Currencies and Securities.

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