Bitconnect 2b Keely
Bitconnect 2b Keely – The SEC is suing five people for advertising BitConnect 2B Keedy. This security service promised to provide investors with a guaranteed return on their investment. It was not registered as such, leading them to break several laws in Texas where it operates, including asking retail folks for money without being fully licensed there, which can result in summary sentences of up $25k-$150K fines per count depending upon severity.
The price of cryptocurrency has been rising this year, but it looks like that’s coming to an end. People who borrowed money to invest or lend for cash are now being faced with cutting staff and even cease-and-desist orders from authorities because they’re accused of fraudulent practices related to securities fraud.
BITCONNECT 2B KEELY
Davor Coin was trading at an all-time high just one week before Wednesday’s closing. The company announced in a Medium post, “WELCOME TO THE ‘BE A MILLIONAIRE’ LENDING LOTTERY!” With many prizes up for grabs, including $1 million – available only via Davor coin lending services– there’s no better time than now.
Davor Coin also found it to be a lucrative investment, with customers that purchase bitcoin looking forward to registering in credit programs dealing exclusively for this currency.
The Bitcoin community is full of people who take out loans to purchase cryptocurrency. One man posted on the forum that he took out an auto title loan from his Honda and planned to use it for crypto trading until the said car was paid off with coins, which could be many years away based on current market values (Honda cars aren’t expensive). Many other enthusiasts don’t seem concerned about paying back these debts because they believe owning bitcoins is worth any interest expense; one even goes so far as say, “Lamborghinis are just unaffordable.”
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“I know many people who would love to invest in Bitcoin but don’t have the money. It’s an opportunity for them.”
“But what makes Davor Coin different?” you ask me aloud while sipping your latte at Starbucks (you’re not drinking coffee, it tastes too good). You continue: “Well, instead of being available only during business hours from Monday – Friday 9 am-4 pm EST, their site is now open 24/7 so anyone can buy or sell Bitcoins.
BitConnect is a company that lent crypto long-time accused of being a shady Ponzi scheme. The aggressive marketing campaign attracted customers and other people to join the service. However, management was in the dark about its true nature until it became too late for them! Experts were skeptical with claims of a 1% daily return. Still, there’s no way you can trace where those returns come from or if they even exist at all — which led many investors to continue lending money despite warnings not only from Texas State Securities Board & North Carolina secretary.
Davor Coin was just becoming the “largest lending platform in the world!” Even after losing $500,000 worth of bitcoins, many people were still excited about their new cryptocurrency. This includes Reddit user David awesome, who took out credit for his company and later transferred it over to Davros coin following its death earlier this year ̵1;2 — not bad considering what could have happened without these funds being moved.
Texas police issued Bitconnect a cease and desist order in a stunning turn of events. They informed the company that it could not sell its services in Texas until officially registered as an SEC securities firm with Davor Coin’s loan service still active but otherwise left dead by this decision five days later, making no mention at all about how customers were going to be compensated for their lost coins once they’ve already gone through most if not altogether; leaving people holding only cryptocurrency which lately has been dying due mostly because there haven’t any news stories.
Bitconnect 2b Keely –
Davor Coin announced that it would launch a new lending company on Twitter, which was met with excitement from many who were angry over losing cash. The post included an image containing the hashtag #cryptolossandthedealoftheweekend (which refers to both opportunities for profit and relief).
