By CCN.com: CCN reported deeply on a pyramid scheme involving cloud mining and a highly pumped-and-dumped cryptocurrency called B2G (“Bitcoiin2G”). It was one of the longest and deepest reports of this reporter’s life. We found that Steven Seagal promoted B2G, and the scheme was hurting enough people that the State of New Jersey officially banned the promotion of it. B2G’s first use case was as a way to avoid paying people out in Bitcoin, via the various DragonMining (and affiliated) cloud mining scams.

McAfee Joins Steven Seagal in Promoting B2G

As we reported, at the time of its initial usage, only two or three exchanges were listing it. The scam harmed people in that one of those exchanges, Exrates, which our sources said was the only exchange you could truly use, offered wildly lower rates than what you were being paid by. So you would receive “$1500” in B2G, but you wouldn’t be able to cash it out for anything close to that in Bitcoin, for example.

B2G is now listed in about ten different pairs across several markets, none of which are significant markets. It’s trading around $0.30 at press time. John McAfee wants you to know there’s still time to get on board. No, we’re not making this up — first Steven Seagal, now John McAfee, who also claims to know the identity of Satoshi Nakamoto.

McAfee hasn’t tweeted since April 17th. This reporter informed him of previous findings on B2G, in hopes that he might delete the tweet or post some new information after learning its origins.

Nothing of the kind has happened in the meantime.

Read the full story on CCN.com.