John Mcafee hits twitter on June 18th 2018 with a warning to ICO promoters
"Due to SEC threats, I am no longer working with ICOs nor am I recommending them, and those doing ICOs can all look forward to arrest. It is unjust but it is reality. I am writing an article on an equivalent alternative to ICOs which the SEC cannot touch. Please have Patience."
Remember ICO's are not bitcoin and bitcoin is not in trouble here.
Hope some of the previous ventures of individuals doesn't drag steem into this nasty business.
https://www.trackico.io/ico/steem/
Steem however?
You decide let me know what you think
I hope everyone here realizes John Mcafee just gave Bitcoin a big up vote as everyone will run to Bitcoin out of the pump and dump scams . If their founders start going down. Maybe a few of the smarter crypt-tards are making their move now.
Another shot fired by the Feds against Bitcoin Corruption this time aimed at there own people.
The EOS is demanding all executive branch members and employees must report all crypro holdings valued over 1000
USD.
I can here the gurgling sound of a few swamp rats starting to drown. I think their secrete is out.
LA-18-06: Guidance for Reporting Virtual Currency on Financial Disclosure Reportspdf
This Legal Advisory clarifies that for purposes of financial disclosure reporting, virtual currency is property held for investment or the production of income and must be reported on employees' financial disclosure reports. Ethics officials should review virtual currency holdings for potential conflicts of interest.
Read the Full Memo here.
https://www.oge.gov/web/oge.nsf/All+Documents?SearchView&Query=bitcoin&SearchMax=0&searchorder=3
Interesting to read as they refer to Crypto as virtual currency 5 times in this memo while stating that it is not real currency. Short read check it out.
I think they like crpto just not some of its usage.