Cryptocurrency is like ‘Ponzi scheme’ and banning it is ‘perhaps the most advisable choice’, says India’s Central Bank

A top official of India’s central bank has compared cryptocurrency to “Ponzi scheme” and suggested an outright ban in its sharpest criticism just weeks after the government proposed taxation of the virtual digital asset and paved way to recognize it as

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DOJ seizes $3.6B in bitcoins after busting entrepreneur couple in Bitfinex laundering scheme

The U.S. Justice Department (DOJ) has seized over 94,000 bitcoins that were allegedly stolen in the 2016 hack of crypto exchange Bitfinex and arrested a married couple suspected to have laundered the money, the department announced today. The couple —

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