‘Gold-backed’ crypto firm ordered to cease operations amid pyramid scheme claims

The Next Web
By Yessi Bello PerezNov 14, 2019, 8:55 am86 pts
A German cryptocurrency company that used several ex-footballers to promote its products has been told to desist its blockchain-based business amid claims that it was operating a pyramid scheme, The Guardian reports. According to German business newspaper Handelsblatt, the country’s banking watchdog,…

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