Thai Police Arrest Korean Man in $50M Crypto-to-Gold Laundering Case
Thai authorities have arrested a 33-year-old South Korean man at Suvarnabhumi Airport over his alleged role in a $50 million cryptocurrency-to-gold money laundering scheme tied to a call-center scam network. The suspect, identified only as Han, was taken into custody under a warrant issued by Thailand’s Criminal Court earlier this year. His arrest followed a […]
Ray Dalio Urges 15% Allocation to Bitcoin and Gold Amid Growing U.S. Debt Concerns
Ray Dalio, founder of Bridgewater Associates, is sounding the alarm on the United States’ worsening fiscal position and recommending that investors allocate up to 15% of their portfolios to alternative assets like Bitcoin and gold. His warning comes as the U.S. faces record levels of debt, soaring interest payments, and increased Treasury borrowing, factors that […]
Texas Lawmaker Says Gold-backed Coin Will Help BTC Adoption
Bitcoin adoption could be significantly increased by the state’s proposed gold-backed coin, according to a Texas lawmaker. On November 21, Cody Harris, a Republican Party member of the Texas State House of Representatives, discussed the creation of a gold-backed coin in Texas at the North American Blockchain Summit. During a fireside conversation with David Duong […]
Tudor Jones Sets on Bitcoin, Gold Amid Inflation Fears
“Inflation is inevitable,” stated billionaire Paul Tudor Jones, who also stated that his investment strategy consisted of assets such as gold and Bitcoin. Paul Tudor Jones, a billionaire investor, has recently stated that inflation is unavoidable. He also noted that his investment strategy focused on gold and Bitcoin rather than fixed-income investments. He believes the […]
Peter Schiff Warns Of Inflation As Gold Hits ATH
Peter Schiff issued a cautionary note regarding inflation and recession in response to the all-time high in gold. Gold has surpassed $2,586 in trading, marking a new all-time high. This prompted Peter Schiff to issue a dire warning regarding the economy. As the United States prepares for increased inflation, unemployment, and other challenges, netizens perceive […]