Sunday, December 22, 2024
Home > Fool

Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report

The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams according to an independent analysis.A Jan. 29 joint investigation by media firms the Bureau of Investigative Journalism and the Observer suggested organized crime groups are using the U.K. as their

Read More

Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment – Featured Bitcoin News

Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature inherent to crypto. He does not expect the FTX

Read More

Motley Fool adding $5M in Bitcoin to its ‘10X portfolio’ — has a $500K price target

Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with the expectation that it will rise to $500,000.Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently

Read More