“Secretary of State Jason Kander has halted investment activity associated with in a Springfield resident’s Bitcoin-related businesses, saying in a news release Monday that Kenneth Slaughter used ‘deceptive tactics’ to convince online investors to pay for the development of Bitcoin mining equipment. Mining is the process of solving complex math problems to gain additional Bitcoins, an unregulated digital currency. ‘The fact that somebody is selling investments through Bitcoin rather than traditional currency doesn’t change their obligations to investors, and I encourage Missourians to call my office before making any Bitcoin investments,’ Kander said in the release.”
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