Brazil: $193 Million 'Crypto Pyramid' Firm Declared Bankrupt
Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has been declared bankrupt. Find out more here.
Source: cryptonews.com
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DappRadar's October Report: crypto market continues to grow despite record hacks
DappRadar’s latest report has revealed that the crypto market has continued to grow despite the rampant crypto hacks.
Source: invezz.com
Brazil police, US authorities bust transnational crypto fraud ring led by 'Bitcoin Sheikh'
Brazil Federal Police busted the "Bitcoin Sheikh" for defrauding thousands of people worldwide and laundering $766M illicit crypto funds.
Source: cryptoslate.com
Record Number Of Brazilian Companies Declared Crypto Holdings In August
At least 12,503 organizations in Brazil hold cryptocurrencies on their balance sheet, marking a 6.1% increase from the 11,360 companies in July.
Source: ibtimes.com
Brazilian Police Arrest "Bitcoin Sheikh" For Stealing $766 Million In Crypto
Businessman Francisco Valdevino da Silva was arrested by the Federal Police of Brazil for scamming investors and stealing crypto.
Source: ibtimes.com