It is reported that two Bitcoin exchange companies (Texas-based Bitcoin Savings & Trust and Florida-based Cryptsy) have been sued for allegedly buying and selling crypto-currencies using false and misleading claims of easy profits, high returns, and little risk.
According to the complaints, the companies used deceptive and misleading tactics, such as claims of weekly profits of 7% or a safe and reliable platform to trade crypto-currencies free from excessive fees and commissions. In both cases the investments raised in Bitcoins have allegedly disappeared.
More information available at http://www.silverlaw…
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