it only takes winning one battle against institutional shorts to gain momentum .. a break above 70K could get the rebound ball rolling $BTC $ETH #crypto #BTC
Strong bounce across majors. $BTC reclaiming $69K grabs attention, but $SOL leading the move is interesting. Let’s see if this momentum sustains or if it’s just a relief rally after recent volatility.
20 years in prison for a $200 million crypto Ponzi scheme.
A US court has sentenced Praetorian Group International CEO Ramil Palafox to 20 years in prison.
His scheme affected more than 90,000 investors worldwide.
Instead of delivering the promised returns, he spent investors’ money on luxury — high-end cars, upscale real estate in Las Vegas and Los Angeles, luxury hotels, designer goods — and transferred at least $800,000 and 100 BTC to a relative.
As part of a plea agreement, Palafox agreed to pay $62.7 million in restitution to victims. #crypto #BTC #CryptoNewss