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National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120 Million According to El País, judge José Luis Calama agreed to investigate Arbistar 2.0 SL, as victims of the alleged scam are almost 1,127. Still, authorities believe the number could be as high as 32,000. As a worrisome fact for the judge, said El País, the amount of money stolen on…

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Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’

Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today, Solomon was quizzed on the banking giant’s moves to adopt Bitcoin. The CEO kept his cards close to his chest but conveyed that the bank is keeping a close eye on digital currencies, amid increasing demand for crypto exposure from its clients: “We continue to think about digital currency and the…

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US Citizens Pour Stimulus Check Cash Straight Into BTC And Gold

US Citizens pour all of their stimulus check money right into Bitcoin and gold according to two reports today as we are reading further in our latest Bitcoin news. The US Citizens seem to be loving bitcoin as the US Bank JPMorgan stated yesterday, saying that younger investors are likely to choose Bitcoin as an investment over gold while many of them are pouring their excess cash into crypto. All reports suggest the same outcome which is that crypto adoption and investments are rising in terms of economic uncertainty. $2052 (+71%)#bitcoin — $1200 Stimulus Is Now Worth (@BitcoinStimulus) August 5,…

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