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RE: Daily: Bitcoin Rallies to $4360, ICO Regulations incoming?
the BITCF suspension was based on a former Gold Miner rebranding itself and mentioning it has some Bitcoin based on Crypo trading. and nothing to do with actual mining of bitcoin. but financials show it has real world gold Mining equipment. check it here https://bloom.bg/2wbU2BU
Interesting I'll take a closer look. So from digging real gold to digital gold ?
a few different articles out there but this was from Bloomberg. I saw another article that states they are "making" crypto token projects like "We are currently working on several projects: CoinQX, Bitessentials, BitClassTravel, Bitcoin.cc & Bitcoin ATM franchise just to name a few." notice to shareholders - http://bit.ly/2wHd4Dl -
After taking a closer look I honestly think it was the confusion of "what does this company actually do" that confused the shareholders / coin holders and the SEC.
After the company was mentioned I was looking at grabbing some shares after the suspension but with this much nonsense out there, I'll pass.