Authorities recently took three men into custody following their alleged swindling of $226,000 in Hong Kong dollars from Bitcoin (BTC) ATMs in the territory. The apprehended male trio, ranging from age 26 to age 55, allegedly exploited six different Bitcoin ATM machines, manipulating them to cough up the Hong Kong dollar equivalent of roughly $30,000 U.S. dollars, an article from the South China Morning Post detailed on Aug. 15. The alleged robbers took the cash out across 11 transactions. Authorities think the three males in question reportedly make up part…
Day: August 15, 2020
Novogratz Says Biden and Harris Good for Country, Bad for Markets
Galaxy Digital CEO and known Bitcoin (BTC) proponent, Mike Novogratz, said he sees upcoming financial market difficulties if Democrats take the U.S. presidential bid in November. “Electing Biden and Harris, as much as it’s going to be great for the country, it’s not going to be great for the market,” Novogratz told Bloomberg in an Aug. 14 interview. Following his comments on Biden’s vice president, Kamala Harris, being “fair” to Wall Street if elected, Novogratz mentioned heightened taxes from a Democratic presidential win. “The Democrats are going to be tougher…