It’s time for a FTC Blockchain Working Group
By: Neil Chilson, Acting Chief Technologist | Mar 16, 2018 11:29AM
Today, the FTC announced a lawsuit against four individuals alleging that they have promoted one or more fraudulent “chain referral schemes.” Such schemes are not new – in fact, the FTC has brought chain referral cases for years. What makes today’s announcement interesting is that the alleged schemes used bitcoin, a cryptocurrency.
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