A federal court ordered a New York trading firm to pay $2.5 million (R35.60 million) in fines and restitution for orchestrating a Ponzi scheme that defrauded at least 80 customers who thought they were investing in bitcoin.
The latest hype in 2019 is by all means BitTorrent Token ($BTT). After selling out on Binance in under 14 seconds the cryptocurrency has seen a tremendous rise since its listing on the Binance exchange.
About $190 million lies out of reach for hundreds of thousands of crypto investors. The death of one man, the lone holder of the cryptos held by one exchange in Canada, shows that much remains to be desired when it comes to protecting holdings in the Wild West of digital currencies.
Aston Martin Red Bull Racing become the first Formula 1 team to agree a sponsorship deal with a global cryptocurrency, after announcing a partnership with FuturoCoin.