Crypto


Policy

Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report

RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.

Parliament House in New Delhi, India (Unsplash)

Policy

N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

The FBI says Eddy Alexandre promised investors he could double their money with a “robo-adviser” – and then spent their money on luxury cars and business expenses.

Eddy Alexandre allegedly ran the $59 million pyramid scheme (note: the chyron in the screenshot misspells Alexandre's name). (FBI/modified by CoinDesk)