---
title: Why yesterday’s bitcoin ponzi scheme indictment is good for the future of virtual currencies
date: "2013-07-25T10:43:24-07:00"
modified: "2013-07-25T10:43:24-07:00"
author: kims
url: "https://dominoresearch.com/why-yesterdays-bitcoin-ponzi-scheme-indictment-is-good-for-the-future-of-virtual-currencies"
categories: The Domino Effect
tags: 
description: By Michael Carney On July 24, 2013Its rare to be able to describe any incident of securities or financial fraud as a positive. But that’s exactly the case with yesterday’s indictment of alleged bitcoin Ponzi scheme operator Trendon T. Shavers of…
image: 
site_name: DominoResearch.com
---

# Why yesterday’s bitcoin ponzi scheme indictment is good for the future of virtual currencies

[![6493014](//img.1.rp-api.com/thumb/6493014)](http://s.tt/1In34)[**Why yesterday’s bitcoin ponzi scheme indictment is good for the future of virtual currencies**](http://s.tt/1In34) (via [Pando Daily](http://s.tt/1In34))

By Michael Carney On July 24, 2013Its rare to be able to describe any incident of securities or financial fraud as a positive. But that’s exactly the case with yesterday’s indictment of alleged bitcoin Ponzi scheme operator Trendon T. Shavers of…

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