Missouri Secretary of State Halts Man's Bitcoin Operations
Missouri Secretary of State Jason Kander has reported halted the bitcoin-related operations of a man residing in Springfield, according to a report from the Springfield News-Leader. The report indicates that Kenneth Slaughter used "deceptive tactics" to try and convince investors in the online space to pay for the development of equipment used to mine bitcoin. "The fact that somebody is selling investments through Bitcoin rather than traditional currency doesn't change their obligations to investors, and I encourage Missourians to call my office before making any Bitcoin investments," said....
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Missouri Secretary of State Jason Kander has ordered a local bitcoin mining hardware company to halt operations, citing a number of concerns. The mining company, Virtual Mining Corporation (VMC), is headed by CEO Kenneth E. Slaughter and has been involved in the bitcoin space since 2009. VMC's parent company, AMC, is currently developing 28nm ASIC mining chips of its own, and it is this side of the business that has caused Kander to act. 'Deceptive tactics'. Kander claims that Slaughter used 'deceptive tactics' to raise money for the development of bitcoin mining rigs, with the Secretary....
On Thursday, Missouri Secretary of State, Jason Kander, issued a warning to investors who are considering moving into the high-risk but potentially high-reward world of crypto-currencies. In the news release, Kander explains: “With digital currency or any other emerging investment opportunity, the safest approach is to be cautious. It’s important to recognize that in many cases not even the supposed Bitcoin and digital currency experts know enough about the product to help you make a fully informed investment decision. It’s best to rely on only the most reputable sources of information and....
State Rep. Christofanelli said he wants to create greater economic and political freedom in Missouri.
It's been a while since we've heard about investor/consumer alerts on bitcoin, so why not start our Friday off with one from the State of Missouri'sSecretary of State? Jason Kander is throwing warning signs at investors who may just have an interest in putting their money into digital currencies. "With digital currency or any other emerging investment opportunity, the safest approach is to be cautious," he said in his statement. "It's important to recognize that in many cases not even the supposed Bitcoin and digital currency experts know enough about the product to help you make a fully....
Missouri Representative Ben Keathley has introduced a new bill, proposing the creation of a Bitcoin Strategic Reserve Fund. The said fund would be placed under the control of the Missouri state treasurer, who’d be granted the power to purchase, invest, and hold $BTC using the state’s money. Missouri’s plan is to diversify the state’s investment portfolio. In addition to accepting gifts and donations, as well as taxes (including fees and fines), in crypto, Keathley also wants Missouri to follow a HODL strategy for $BTC. Another US state to have taken a big step forward....