It already has been covered:
https://bitcointalksearch.org/topic/fake-news-3-billion-hkd-lost-in-mycoinhk-bitcoin-exchange-runoff-949959
https://bitcointalksearch.org/topic/bitcoin-ponzi-mycoin-in-china-goes-bust-500-mil-lost-prepare-for-a-crash-949452
Long story short: it was a ponzi, probably didn't trade any real bitcoins, even if, that's irrelevant as the people screwed were fiat money "investors".
~$387m is out of the ass figure, based on bullshit claims about the number, provided by mycoin themselves.
https://bitcointalksearch.org/topic/fake-news-3-billion-hkd-lost-in-mycoinhk-bitcoin-exchange-runoff-949959
https://bitcointalksearch.org/topic/bitcoin-ponzi-mycoin-in-china-goes-bust-500-mil-lost-prepare-for-a-crash-949452
Long story short: it was a ponzi, probably didn't trade any real bitcoins, even if, that's irrelevant as the people screwed were fiat money "investors".
~$387m is out of the ass figure, based on bullshit claims about the number, provided by mycoin themselves.
THIS
close thread........
