Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on January 21, 2020, 12:25:10 PM
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Bitmain is allegedly in hot water for selling mining equipment to the notorious BitClub Network, an infamous Ponzi scheme which defrauded victims of over $722M. Recent reports suggest that Bitmain is being asked to rescind its U.S. IPO due to the investigation.
Dark clouds are hovering over the hardware manufacturer as an alleged investigation heats up, but the details are still forthcoming.
To read the full news, click here (https://beincrypto.com/bitmain-advised-rescind-u-s-ipo-plans-due-association-with-the-bitclub-ponzi-scheme/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)