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Keyword: cryotocurrency

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  • Argentina's Milei faces credibility crisis over crypto scam

    02/21/2025 10:39:36 AM PST · by Miami Rebel · 14 replies
    Deutsche Welle ^ | Deutsche Welle | Tobias Käufer
    The political rise of economist Javier Milei to the presidency was largely driven by Argentinians' hope that he could revive the debt-laden country's economic fortunes. But now the libertarian's key credentials as an economic expert have suffered a massive blow as lawyers have filed a fraud lawsuit against him in an Argentine court. What's come to be known as the "cryptogate" scandal is gripping Argentina, with the rapid rise and collapse of the $LIBRA cryptocurrency at the center of controversy. Investors — most of them reportedly from Argentina and the United States — had poured the equivalent of $100 million...
  • Cops find device holding $3 BILLION in stolen Bitcoin stashed in a POPCORN TIN after 10-year investigation: Man, 32, is arrested for hacking 50,000 cryptocurrency from dark web after calling 911 on himself

    11/11/2022 3:17:35 AM PST · by C19fan · 25 replies
    UK Daily Mail ^ | November 10, 2022 | Andrea Cavallier
    A Georgia man faces up to 20 years in prison after more than $3 billion in stolen Bitcoin was found stashed in a popcorn tin at his home in what authorities call the second largest seizure of cryptocurrency. James Zhong, 32, pleaded guilty on Friday to stealing the Bitcoin a decade ago from the illegal Silk Road marketplace, which the FBI shut down in 2013. The U.S. Department of Justice announced this week that authorities raided Zhong's Gainesville home in November 2021 where they found 50,676 Bitcoin with a value of $3.36 billion at the time.