Traders had high hopes for Bitcoin after seeing a price recovery. However, noshitcoins believes a few metrics reflect some weakness in the market.
The U.S. Department of Justice dropped a bombshell announcement on Tuesday, revealing that it had made arrests of two individuals and seized 119,756 Bitcoin stolen from the Bitfinex exchange in 2016.
“In a futile effort to maintain digital anonymity, the defendants laundered stolen funds through a labyrinth of cryptocurrency transactions,” said Deputy Attorney General Lisa Monaco. “Thanks to the meticulous work of law enforcement, the department once again showed how it can and will follow the money, no matter what form it takes.
The BBC’s promo for the documentary stated that Hassan launched a crypto project called Orfano that donated all of its profits to charity, stating that as much as $200,000 had been allocated to a good cause last year. However, The Guardian essentially called out the BBC for conducting shoddy research, with the publication’s media editor, Jim Waterson, writing: