The American billionaire investor Charlie Munger reiterated his negative tone on the crypto sector, saying bitcoin stimulates child prostitution, kidnappings, and other criminal affairs. He also argue...
Tag: Kidnappers
Billionaire Charlie Munger labels crypto as ‘partly fraud’ that’s ‘good for kidnappers’
As the recent crisis caused by the collapse of FTX continues to wreak havoc across the cryptocurrency market, the critics are offering their two cents on the situation and the industry in general, inc...
Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malici...
Kazakh Cops Capture Crypto Mining Kidnappers
Authorities in Kazakhstan have apprehended 23 people accused of coercing an IT professional into running an illegal cryptocurrency mining operation. The Ministry of Internal Affairs and Kazakhstan’s n...
China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment – Regulation Bitcoin News
Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have o...