Digital Currency Research News

China currency controls are pushing traders toward USDT and Bitcoin while Renminbi keeps slipping in global reserves

China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive…

Continue ReadingChina currency controls are pushing traders toward USDT and Bitcoin while Renminbi keeps slipping in global reserves

‘Insatiably Greedy’ Shoe Seller Masterminds $80,000,000 Fraud, Uses Customer Funds To Fuel Lavish Lifestyle: DOJ

An Oregon shoe reseller orchestrated a sweeping fraud scheme that cost customers and banks more than $80,000,000, according to the U.S. Department of Justice. Prosecutors say 42 year-old Michael Malekzadeh,…

Continue Reading‘Insatiably Greedy’ Shoe Seller Masterminds $80,000,000 Fraud, Uses Customer Funds To Fuel Lavish Lifestyle: DOJ