Bitcoin head charged in US securities case

NEW YORK – Trendon Shavers, founder of Bitcoin Savings and Trust, has been charged with fraud and accused of masterminding a $4.5 million Ponzi scheme, according to federal prosecutors in Manhattan who said it was the first U.S. securities-fraud prosecution tied to the electronic currency.

from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/1xBTgrs
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