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Ponzi scheme suspected in the mysterious shutdown of Bitcoin exchange MyCoin

By Shawn Knight
Feb 9, 2015
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  1. Less than a month after Coinbase became the first regulated Bitcoin exchange in the US, attention is turning to an overseas exchange that has mysteriously closed its physical offices.

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  2. TheDreams

    TheDreams TS Addict Posts: 610   +61

    I plan on staying away from bitcoin altogether, it seems every little exchange is having a hella lot of problems. I'll stick with my USD
     
  3. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,498   +2,051

    Smart move. While you are being so sensible how about sharing your USD with me. :D
     
    TheDreams likes this.
  4. Bitcoin = second life (if anyone remembers the fantasy of THAT reality).

    Fail.
     
  5. One of the biggest dead give-aways that the site is not legitimate is that they don't have their own email server. If you go to the contact us section, scroll to the bottom of the page, you see that they use a gmail account. With the low cost of creating websites, and company email accounts, its is very suspect that they dont have their own email server.
     

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