Bitcoin ponzi scheme texas

Trendon Shavers pleaded guilty today to operating a Ponzi scheme using the virtual currency bitcoin.A Texas man has been arrested on wire fraud and securities fraud charges for his operation of what authorities allege was a Bitcoin-related Ponzi scheme.

Texas man pleads guilty in NY bitcoin securities fraud

Federal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving.The US Securities and Exchange Commission (SEC) has charged a Texas man and his company for defrauding investors using a bitcoin Ponzi scheme.A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

The Securities and Exchange Commission is suing a Texas man for allegedly running a Ponzi scheme he promoted through a Bitcoin-denominated investment strategy and.SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Scheme FOR IMMEDIATE RELEASE 2013-132 Washington D.C., July 23, 2013 — The Securities and Exchange.A Texas man was charged on Tuesday in U.S. federal court with allegedly running a Bitcoin Ponzi scheme, allegedly siphoning the virtual currency from.

But wildly fluctuating exchange rates and charges recently in an alleged bitcoin Ponzi scheme in North Texas have put a.Trendon Shavers of Texas pleaded guilty Monday in a New York court to one count of securities fraud related to virtual currency bitcoin.

Bloomberg reported that the U.S. Securities and Exchange Commission sued a Texas man over claims he operated a Ponzi scheme involving Bitcoin, the virtual.

SEC charges Texas man with running Bitcoin Ponzi scheme

BULLETIN: The SEC has gone to federal court in the Eastern District of Texas, charging Trendon T.Texas Man Pleads Guilty in Manhattan Federal. in a Bitcoin-related Ponzi scheme.Five stories that have North Texas talking: crackdown on an alleged Bitcoin Ponzi scheme, today is the last day of monitoring for any North Texan with.Prosecutors are calling it the first federal criminal securities fraud case arising from a Bitcoin-related Ponzi scheme.The SEC charged a Texas man with running a bitcoin-based ponzi scheme, one that had become a notorious story in the small community of enthusiasts for the.NEW YORK - A Texas man who operated Bitcoin Savings and Trust was charged yesterday with bilking his investors in what prosecutors called the first federal criminal.

The Securities and Exchange Commission has filed civil fraud charges against a Texas man, accusing him of masterminding a Ponzi scheme using the virtual currency.

Texan accused over alleged Bitcoin Ponzi scheme - cnbc.com

Trendon Shavers, of Texas, pleads guilty to Bitcoin Ponzi

SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Scheme (Pirate).By Nate Raymond NEW YORK (Reuters) - A Texas man accused of operating a Ponzi scheme involving bitcoins pleaded guilty on Monday in what prosecutors say.

U.S. charges Texas man with running bitcoin Ponzi scheme

SEC Charges Texas Man with Running Bitcoin Ponzi Scheme

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.NEW YORK (Reuters) - A Texas man was sentenced to one-and-a-half years in prison on Thursday for operating a bitcoin-related Ponzi scheme that prosecutors say.

Texas man admits to bitcoin Ponzi scheme – The Denver Post