US male jailed over bitcoin rascal scheme

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Trendon ShaversImage copyright
Reuters

Image caption

Shavers pronounced he “royally messed up” by using a fake scheme

A Texan male has been condemned to 18 months in jail for using a fake Ponzi-style intrigue formed around a Bitcoin practical currency.

The intrigue – run by Trendon Shavers – betrothed high earnings to those who corroborated bitcoin-related investments.

Instead of investing cash, Shavers used it to compensate early investors in a intrigue and to assemble bitcoins.

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