Sentences with phrase «bitcoin from members of the public»
The company and its owner, Dillon Michael Dean, are charged «with engaging in a fraudulent scheme to solicit Bitcoin from members of the public, misrepresenting that customers» funds would be pooled and invested in products including binary options, making Ponzi - style payments to commodity pool participants from other participants» funds, misappropriating pool participants» funds, and failing to register with the CFTC.»
http://bgr.com/ Not exact matches
It hasn't been worth mining bitcoin using standard consumer computer hardware for years because of the kind of processing power involved; the overwhelming majority of ordinary members of public pools will have bought hardware from companies like KnCMiner.
In a draft letter from the Futures Industry Association — the industry lobby group whose members include banks such as JPMorgan and Goldman Sachs — to the CFTC, the implementation of bitcoin futures contracts «did not allow for proper public transparency and input,» reports the Financial Times, who have reportedly seen the draft.