forbes.com/sites/jordanmaglich/2014/11/06/texas-man-arrested-for-4-5-mill...

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 that raised millions of dollars through a purported online digital hedge fund.  Trendon Shavers, known in Bitcoin forums as "Pirateat40," was arrested this morning on one count of securities fraud and one count [...]


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