The Bitcoin ‘pyramid scheme’ continues to collapse

The ancient Egyptians made pyramids to last forever. Wall Street’s pyramid schemes aren’t nearly as durable. Bitcoin, while not officially a product of traditional Wall Street, is a pyramid scheme. A fraud. But it is best described as a “confidence game.” I’ve been calling it a “bitcon” for a long time. And now the pyramid…
Business | New York Post

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German Crypto Exchange Bitcoin Group SE Buys Investment Bank Tremmel

German cryptocurrency exchange Bitcoin Group SE acquired investment bank Tremmel Wertpapierhandelsbank GmbH, aiming to significantly expand its service portfolio. The purchase price was not disclosed, but the company said it is in the lower seven-digit euro range. With the acquisition, Bitcoin Group expects to obtain the use of Tremmel’s banking license.
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