Look up OneCoin. That is just one of dozens of scams riding on Bitcoin coattails, attracting (greedy/foolish) people, and taking most for a bad ride. Most of t

Look up OneCoin. That is just one of dozens of scams riding on Bitcoin coattails, attracting (greedy/foolish) people, and taking most for a bad ride. Most of these scams have been done in the height of the penny stocks days, and the SEC has (or had in the past) put a lot of effort into protecting less saavy investors. Lastly, I work for a client in this space. My client is doing a legit business, but we constantly deal with customers who have made and lost money in dozens of these ponzis over the last couple of years.