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$ 11,000 Bitcoin: Beginning of Rapid Cryptocurrency Growth

The organizer of the crypto pyramid will go to prison for twenty years

The creator of Coin Drop Markets – Patrick McDonnell tricked investors into $ 200 thousand. And for this he can go to jail for 20 years.

The lawsuit of a dozen affected customers said that in total, the fraudster was able to appropriate $ 194 thousand in fiat currency, as well as 4.41 BTC, 620 ETH, 206 LTC and 1,342,634 Verge.

In addition, McDonnell used to be a pseudonym for Jason Flack and was the CEO of CabbageTech, on whose behalf CDM operated.

The author of SCAM claimed that CDM was trading in BTC, LTC, etc. The company worked for four years – from November 2014 to January last year. During this time, she managed to attract huge deposits from investors, promising them high returns – up to 300% per week.

Moreover, McDonnell provided clients with fake balance sheets, on the basis of which the company conducted rather profitable activities. But in fact, the funds of new investors were issued by the old. Thus, CDM was definitely a pyramid.

However, court documents say that all investor funds were used by McDonnell to achieve personal goals. In addition, at some point the site and CDM accounts were deleted. But law enforcement still found McDonnell and detained him.

McDonnell is currently facing 9 different charges, including several articles about fraud.

Two books written by Satoshi Nakamoto were found on Amazon

Bitcoin

In the open spaces of the popular Amazon online store, two new cryptocurrency books were written by Satoshi Nakamoto.

Book links – Wave and Ripple Design Book and The Official Bitcoin Coloring Book . They will be released on June 28, 2019. The author’s profile says that Satoshi Nakamoto is a famous inventor of BTC.

In addition, it is reported that all royalties will be aimed at supporting and developing the exact sciences, as well as environmental education programs for young people from poor families.

Judging by the description of the books, you can find insider jokes about cryptocurrency and myths about Satoshi Nakamoto in them. However, the Wave and Ripple Desing Book hints that the creator of BTC somehow relates to Japan. A description of The Official Bitcoin Coloring Book says it is printed on shiny white paper.

However, on the pages of the book you can find reviews of the programmer – Vitalik Buterin, who created Ethereum, as well as Warren Buffett – a well-known investor.

It’s impossible to say exactly who wrote the books.

Legalization of cryptocurrency trading in America

Bitcoin

Cryptocurrency trading in America will probably be allowed at the legislative level in the near future. However, nothing is said about cryptocurrency settlements.

In fact, cryptocurrency is a foreign currency. You can buy it, and sell it too. But here to pay – no. Now the Central Bank and the FSB are determining how much cryptocurrencies can be used.

Experts are sure that after political decisions are made, the bill on cryptocurrencies will establish liability affecting illegal activities related to cryptocurrencies.

Recall that in May, the State Duma proposed to regulate cryptocurrencies based on the requirements of the FATF. The final version of the recommendations was published last Friday. The legislative group decided that exchanges should exchange user data when they conduct transactions between sites.

Peter Brandt: the next frontier of BTC – $ 100 thousand

Popular technical analyst Peter Brandt is confident that in the long term, the first cryptocurrency will reach $ 100 thousand.

Now BTC is aiming at the mark of $ 100 thousand. Since 2010, the pair BTC / USD is located in the fourth parabolic phase. Not a single market has looked the same for 45 years. BTC is a unique market.

Mr. Anderson is confident that BTC will reach $ 93 thousand in the long run.

And now cryptocurrency confidently overcame the mark of $ 11 thousand.

Grayscale Investments Ethereum Trust Launched

A member of the Barry Silbert Digital Currency Group holding, Grayscale Investments designed and launched its own Ethereum Trust.

The company’s official blog says that their trust will allow you to invest in ETH Price without having cryptocurrency.

Cryptocurrencies similar to Ethereum represent a whole set of unique market opportunities that are not correlated with the traditional idea of ​​assets. Therefore, the best solution is to diversify these assets.

In addition, the company reported that the amount of assets it manages is more than $ 2.3 billion.

As before, most investors invest in products based on BTC.

The equipment of the Ukrainian court was used in mining

Attackers used MinerGate software, which they installed in the Unified Forensic Information and Telecommunication System. In addition, the equipment of the Information Judicial System was infected. All these powers were used for cryptocurrency mining.

The mining program was discovered when experts tried to find the reasons why the websites and web portals of the Ukrainian court lost the news published from December 6 to December 27, 2019. However, the mail service and electronic services stopped working.

SBU employees found that the MinerGate program was installed back in 2019 and, with the help of judicial equipment, hackers mined cryptocurrency. The program was discovered on the computers of the judicial system, which were used to configure the servers.

In addition, experts have identified a special technical tool that allows you to make hidden audio recordings of conversations of others.

BTC is aiming for the moon

Not even 24 hours have passed since the moment when BTC overcame $ 10 thousand and now, a new record! BTC is already breaking through the $ 11,000 mark.

The first cryptocurrency traditionally sets the trend for the entire market. Together with her, the other representatives of the cryptocurrency industry began to grow.

In less than 24 hours, the total cryptocurrency market capitalization has grown by $ 30 billion. It is worth noting that the dominance index of the first cryptocurrency is quite high – 59.6%. This means that investor portfolios are still filled with digital gold.


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