Published On: Mon, May 29th, 2017

Bolivian Authorities Arrest 60 ‘Cryptocurrency Promoters’

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The Bolivian Financial System Supervision Authority (ASFI) arrested 60 “cryptocurrency promoters” last week. According to a statement published by the ASFI, in which it refers to bitcoin and several altcoins, the arrestees were carrying out “training activities” relating to  investments that have “characteristics of multilevel schemes.” The agency also indicated it will track down Bolivians promoting Bitcoin online.“The only thing these people are doing is taking advantage of the population and deceiving the people to appropriate their money,” ASFI director Lenny Valdivia Bautista said in the statement.Since 2014, the Latin American …

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