March 15, 2014

Bitcoin collapse in Japan reminds Japanese investors of prior fraud case involving "enten"

"While Bitcoin has faced relatively little scrutiny in Japan, it has invited comparisons to a scandal involving enten, an electronic currency used by a Tokyo company to defraud investors of billions of yen in the Mid-2000's"

Source: Bitcoin faces greater regulation after Mt.Gox collapse
By Hiroko Tabuchi & Rachel Abrams
New York Times
Australian Financial Review
Saturday 1st March 2014, page 11

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