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Nilam Resources gives up, no more 24,800 bitcoins

Penny stock Nilam Resources has issued a press release stating that it will no longer be seeking to acquire 24,800 bitcoins.

Nilam Resources releases token described as ‘obviously illegal’

A lawyer familiar with the offering from Nilam Resources said, “I don’t even understand how they did this.”

Despite some cropping and shifting of the logo placement, Nilam Resources looks to have stolen Powell Peralta’s intellectual property.

Penny stock company Nilam Resources has replaced its CEO and doubled down on supposed acquisition of $1.7 billion in bitcoin.

Penny stock Nilam Resources said it would be acquiring a yet-to-be-established entity called MindWave so it can get the 24,800 bitcoins.