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Is it illegal to invest my own money into HYIP?If HYIP is…

Is it illegal to invest...
Is it illegal to invest my own money into HYIP?If HYIP is illegal would i be called an "illegal investor" if i invested in some HYIP that pays in bitcoin?
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Answered in 7 minutes by:
11/24/2017
WiseOwl58
WiseOwl58, Attorney
Category: Business Law
Satisfied Customers: 4,564
Experience: Senior Associate at White & Case LLP
Verified

No, it is perfectly legal for you to invest in HYIP that pays in bitcoin. In fact, a lot of people have made sizeable sums of money by doing such investments, so it seems like a pretty popular and good idea.

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

WiseOwl58
WiseOwl58, Attorney
Category: Business Law
Satisfied Customers: 4,564
Experience: Senior Associate at White & Case LLP
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