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Mining pool

BitClub Network logo

BitClub Network

VASP
Iceland
btc

Description

BitClub Network as a fraudulent scheme that operated from April 2014 through December 2019. It solicited money from investors in exchange for shares of purported cryptocurrency mining pools. The US Department of Justice reported in September 2020 that the BitClub Network had been a giant fraudulent scheme for 5 years. The organizer of the scam pleaded guilty.
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