Topic: .. (Read 1246 times)
$386.9m for 3000 people? Every average lost $10K, That can't be true.
It's not. They're basing that number of faked figures which were no doubt exaggerated to further their scam:
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.
Some really bad reporting here. Off by an order of magnitude.
It should be around 38 million, not 380...
Events like this tarnish the image of BTC and cryptos.
There's nothing that can be done about that, but there are plenty of scams involving cash so I don't see why this should tarnish it, though the public will believe whatever they want to about btc even if it comes from a place of ignorance. Hopefully they will see the power and potential of bitcoin over time.
$386.9m for 3000 people? Every average lost $10K, That can't be true.
It's not. They're basing that number of faked figures which were no doubt exaggerated to further their scam:
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.
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