Monday, February 16, 2015
IBT reported that Bitcoin exchange MyCoin disappears with £250m in suspected Ponzi scheme.
But BitCoin News Service countered that but now that the Hong Kong Commercial Crime Bureau (CCB) is involved, reports are saying that the amount lost only stands at around $8 million. Furthermore, the amount of alleged victims has fallen from about 3,000 to 43 ...
Now IBT reports that MyCoin never actually held or traded any BitCoin, and was just a common Ponzi scheme.