September 19, 2014 BY Andrew Saks-McLeod
Trenton Shavers' Bitcoin Ponzi scheme lands him with $40 million fine from federal judge in Texas
U.S. Magistrate Judge Amos L. Mazzant found that BTCST and founder Trendon T. Shavers violated federal securities laws by selling bitcoin-denominated investments through the Internet and misappropriating client funds
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