Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch
PYMNTS
NOVEMBER 15, 2019
This is a new community, a new world, this is going to be very big. But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. Seiz claims to have raised about $100 million through the sale of his KaratGold Coin (KBC).
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