Three men charged with $722 M cryptocurrency scam

[get these nets]

“Goettsche discussed with his conspirators that their target audience would be ‘dumb’ investors, referred to them as ‘sheep,’ and said he was ‘building this whole model on the backs of idiots,’” a statement from the U.S. attorney’s office said.

NO

 

[get these nets]

TD SNAKES had this CAC on his show. 2 scammers. Can't knock the hustle.

Why are you trying to link T.D.Jakes to this story and these crooks?

 

[mrfortune]

id do 3 years for 50 million too

 

[ba'al]

I didn't link shyt nikka. Does TD Jakes even talk about fukking bitcoins my nikka. I was saying I google that cacs name and saw he was on that prosperity preacher's show.

Why are you trying to link T.D.Jakes to this story and these crooks?

 

[Jekyll]

How much is an large amount in bitcoins and why can't you hold it?

Its just a conversion of the dollar or whatever your currency is. 1 bitcoin is like $7k right now. Transactions are usually fractions of one bitcoin unless its over 7k. You don't hold them because they can be stolen if you don't know what you're doing and the value fluctuates wildly so you can take huge losses. You can also make huge gains though so its more like a gamble.

Also the feds can pull the plug on the whole thing anytime and probably leave you fukked. I know Trump has thrown regulating crypto around.

 

[CBalla]

you really. Really do not know.......what you are talking about......just know the folks really eating off this will not let you know......

rule of thumb with anything.....once it hits the news you are too late.

shid if they wasnt in by 2016 or early 2017

too late

but yea folks blaming crypto when ponzi schemes are done with fiat currency

 

[ba'al]

That sounds janky as hell. I saw videos of were in Asia they have warehouses were they mine for bitcoins all day pretty much.

Its just a conversion of the dollar or whatever your currency is. 1 bitcoin is like $7k right now. Transactions are usually fractions of one bitcoin unless its over 7k. You don't hold them because they can be stolen if you don't know what you're doing and the value fluctuates wildly so you can take huge losses. You can also make huge gains though so its more like a gamble.

Also the feds can pull the plug on the whole thing anytime and probably leave you fukked. I know Trump has thrown regulating crypto around.

 

[TELL ME YA CHEESIN FAM?]

722 mil

nikkas too greedy

I would have taken 50-100million, copped a new identity and disappeared

nikkas get too caught up juggin

 

[Dad]

Jobadiah with the shyts

 

[Jekyll]

That sounds janky as hell. I saw videos of were in Asia they have warehouses were they mine for bitcoins all day pretty much.

Yeah its pretty much a lick. Its good for moving money that you don't want tied to your name though.

 

[Heretic]

TD SNAKES had this CAC on his show. 2 scammers. Can't knock the hustle.

Dude been a miscreant his whole damn life

 

[Vandelay]

never got on the crypto wave...shyt was a scam from the jump.

It's not a scam per say, but it's too volatile to be a long term currency. If you're doing something illegal or making short term bets, it's great for that. Otherwise, it's not viable for replacing current currencies.

 

[8WON6]

It's crazy how Ponzi schemes still work on people.

 

[DJ Paul's Arm]

Got greedy

If I hit 100 milly I'm moving to a non extradition country quick

 

[Strapped]

How many years are they facing