BitClub Scheme Busted in the US, Promising High Returns from Mining

Cryptovest

Published Dec 11, 2019 03:45AM ET

Updated Dec 11, 2019 05:01AM ET

BitClub Scheme Busted in the US, Promising High Returns from Mining

Three men were charged with running a large-scale Bloomberg .

BitClub network ran a mining scam, promising to pool funds and buy Bitcoin (BTC) mining equipment. However, the company’s earnings were faked, to defraud even more investors of the potential earnings.

Mining has been a legitimate industry, u...