Because this scam is taking place in the crypto world, I fear there will be no legal fallout (other than hundreds or thousands or people losing their money). Welcome to the Last Frontier.
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Because this scam is taking place in the crypto world, I fear there will be no legal fallout (other than hundreds or thousands or people losing their money). Welcome to the Last Frontier.
I guess there have been a couple of situations where government entities have filed lawsuits against supposed ponzi operators.
http://money.cnn.com/2017/09/21/investing/bitcoin-ponzi-scheme/index.html
So who knows. I guess we will see how this all plays out in the end.
If any fallout comes it will be when the founders get a texted pic of their mother with some siccario's 9mm silencer pointed at her head asking for a refund and then some...
Let's not forget all the copy cat money schemes and now anyone can start an ico. They can't all be winners!