"BitClub may cancel us IPO because of alleged BitClub ponzi scheme" : false

In response to twitter user BTCKING555's tweet that "bitland may cancel us IPO due to alleged BitClub ponzi scheme", bitland officials said the news was untrue.

Earlier, the twitter user said the us justice department was investigating the sale of a large amount of mining equipment by bitland to BitClub, an alleged cryptographic ponzi scheme, and that bitland was cancelling plans for a us IPO. In response to the news, bitland officials said the information is not true. (PANews)

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