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Bitcoin Scams


New York University professor and global economist Nouriel Roubini testified before the U.S. Senate Committee on Banking last week, saying cryptocurrencies such as bitcoin are the mother of all scams and bubbles. He followed that assertion up by calling blockchain, the technology unpinning bitcoin, “the most over-hyped — and least useful — technology in human …

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Famed economist Nouriel Roubini has issued a dire warning about cryptocurrency, during a testimony at a congressional hearing on Capitol Hill. Mr Roubini, one of the economists who predicted the 2008 financial crisis, said: “Crypto is the mother or father of all scams and bubbles.” The New York University Professor continued by outlining the “scammy …

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Advertisement New Zealand’s Prime Minister, Jacinda Ardern, is the latest high-profile individual to be used in perpetuating a cryptocurrency scam. According to the Prime Minister’s office, various ads bearing her image have appeared on social media network Facebook with the intention of persuading citizens of the Asia Pacific country to invest in a cryptocurrency startup. …

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News A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners …

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Advertisement The world is learning more about Bitcoin and cryptocurrencies every day as they are creeping into public consciousness steadily. However, learning about Bitcoin, investing in it, and creating laws that regulate the cryptocurrency sector are completely different things. For the Senate Banking Committee, Thursday presented one of the biggest challenges in the decade — to …

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[unable to retrieve full-text content] Economist who predicted financial crash warns Bitcoin is ‘mother of all scams’  Telegraph.co.uk Bitcoin [BTC] and cryptocurrencies are the biggest bubbles, scams in history, says Nouriel Roubini  AMBCrypto US Senators Contemplate if Bitcoin is a Scam or if Blockchain Assets are a Brilliant Innovation  Bitcoin Exchange Guide Testimony for the Hearing of the …

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An unceasing critic of Bitcoin [BTC] and other cryptocurrencies, Nouriel Roubini, alleged that cryptocurrencies are the “mother of all scams”, in a recent statement. In a testimony for the hearing of the US Senate Committee on Banking, Housing and Community Affairs On Exploring the Cryptocurrency and Blockchain Ecosystem, he also said that blockchain was the …

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Nouriel Roubini, a professor of economics at the New York University Stern School of Business and a well-known bitcoin detractor has recently claimed he believes bitcoin is the “mother of all bubbles,” and that its price has been pumped by Tether’s USDT. In a prepared testimony for a Senate Banking Committee Hearing Nouriel, who’s colloquially …

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A new Bitcoin scam has been uncovered in France, and the losses by victims are more than 31 million euros. Cryptocurrencies went on a massive bull run in the latter half of 2018. The entire market reached $800 million in capitalization, and Bitcoin led the charge. The world’s foremost cryptocurrency went from roughly a $1,000 …

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Currency scams and illegal business dealings give Bitcoin a bad name. And while Bitcoin Australia likes to show our audience the potential and awesomeness of cryptocurrencies, it is important to remember that this is not always the case. To raise awareness, we’ve rounded up the top four scams in the industry. OneCoin This currency is …

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