High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme
High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme
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May 04 2019    18:00 PM

High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal. The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets. He said authorities were in favor of banning

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