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BitConnect Closes Exchange as States Warn of Unregulated Sales

(www.bloomberg.com)
389 points JumpCrisscross | 2 comments | 17 Jan 18 01:04 UTC | HN request time: 0.763s | source
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sitepodmatt ◴[17 Jan 18 01:53 UTC] No.16164805[source]▶
One scam down at least, next the Tether printer and BitFinex boys. Clean up in aisle HKG please.
replies(5): >>16164892 #>>16164948 #>>16165555 #>>16165611 #>>16172919 #
Alex3917 ◴[17 Jan 18 04:51 UTC] No.16165555[source]▶
Tether just hit a new all time high of $1.07, making the return on investment significantly better than most VC funds.
replies(3): >>16165727 #>>16167127 #>>16168957 #
1. AlexCoventry ◴[17 Jan 18 05:38 UTC] No.16165727[source]▶
That's only because people wanted to reduce exposure to crypto today, and USDT is the closest approximation to that available for some exchange-committed funds.
replies(1): >>16167606 #
2. jacobush ◴[17 Jan 18 13:17 UTC] No.16167606[source]▶
apparent approximation