The Brazilian SEC has launched an investigation into the Investimento Bitcoin Ponzi scheme.
Though they’ve but to make a proper assertion, the Brazilian SEC (CVM) has confirmed to UOL it’s investigating Investimento Bitcoin for suspected fraud.
CVM (Securities and Trade Fee) says in a report that it has discovered “proof of fraud in third-party fundraising with typical monetary pyramid traits” and steered to the Public Prosecutor to analyze the corporate’s actions.
A followup September thirteenth UOL report particulars Conar’s suggestion to droop Investimento Bitcoin promoting.
Conar is a ‘Brazilian non-governmental group that self-regulates the promoting sector within the nation‘.
In response to UOL’s report, Investimento Bitcoin promoting ran on Brazilian tv and web sites.
BehindMLM reviewed Investimento Bitcoin in July. Primarily based on its enterprise mannequin, we concluded the corporate was a Ponzi scheme.
Primarily based on heavy localized concentrating on, whoever is working Investimento Bitcoin is believed to be in Brazil or Brazilian residing elsewhere.