April 9, 2024
Loading...
You are here:  Home  >  Opinion  >  Editorials  >  Current Article

Our view: Ponzi scheme illustrates risk of bitcoin ventures

IN THIS ARTICLE

An alleged cryptocurrency Ponzi scheme that appears to have stolen $722 million from unsuspecting investors has resulted in the arrest of a Ventura County resident. The bust served up yet another warning that bitcoin and related ventures are much too risky for individual investors. Four defendants are now under arrest in the alleged scheme, which…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.