Brazilian mining company Minerword, who is facing allegations of being a Ponzi scheme, now claims it does not have enough bitcoins to compensate investors who pledged money into the company. A court order purportedly mandated the company to use remaining financial resources to pay back investors, but reporting from Mixiamax said Minerworld told the court it could not make payments because remaining funds were spent on keeping operations running and to terminate contracts with service providers. Minerworld allegedly asked for permission to publish account statements for the last four months in order to show income and ... (full story)