Mexico’s 3rd-richest man, Ricardo Salinas, says he was defrauded in a $150M stock-backed loan connected to $400M Bitcoin bet .

Here’s what happened 👇

• Salinas reportedly took a $150M loan backed by pledged shares

• The capital was tied to a broader $400M $BTC position

• He now alleges those pledged shares were sold without his consent

Salinas has been one of Latin America’s most vocal Bitcoin advocates, repeatedly urging investors to allocate heavily to #Bitcoin