OneCoin was a colossal Ponzi scheme that at its height was reported to have raised $4 billion from investors in 175 countries.
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
Iran’s president Ebrahim Raisi says licensed Bitcoin miners can resume operations, as US sanctions continue to restrict the country’s economy.
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- How the FDIC works and why crypto marketers should be nervous