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21 June 2021

Why The SEC Issued A Warning To Bitcoin Futures Investors

Why The SEC Issued A Warning To Bitcoin Futures Investors


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Why The SEC Issued A Warning To Bitcoin Futures Investors.

Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors.

In this article, the Commission warns investors about Bitcoin and explains in detail the characteristics of a Ponzi Scheme, a type of scam where existing participants received payments from new contributors.

Therefore, futures contracts must be traded with a “regulated and supervised” entity by the Commodities and Futures Trading Commission (CFTC).

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