Coinnounce
2019-08-26 10:23:19

US FTC bans two bitcoin based MLMs

Federal Trade Commission on 22nd August announced that the promoters of recruitment-based cryptocurrency schemes have been banned from participating in any multi-level marketing program. FTC claimed these schemes to be deceitful for investors. Last year FTC froze assets of two such companies that mislead investors through false promotion. FTC obtained an order from a federal […]The post US FTC bans two bitcoin based MLMs appeared first on Coinnounce.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer