In the wake of United
Software Intelligence Technology, a cryptocurrency trading
company based out of Dubai, United Arab Emirates, discontinuing business with U.S. companies on Jan. 5, several
letters were distributed to Guam news organizations and government officials on opinions regarding the company’s legitimacy.
The first was sent as an email to the Journal on Jan. 8 from Cyrus Luhr, president of Guam Animals in Need, as a concerned citizen giving notice of an apparent bitcoin Ponzi scheme growing on Guam. Luhr described several fraud alerts issued against USI-Tech by Texas State Securities Board on Dec. 20 . . .
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