We live in a scammer’s world. We get texts from unknown numbers with an odd tone of familiarity. We have been promised breathtaking profits in ads on social media. We have encountered characters on dating apps who seemed too good to be true. It’s not just us, of course. Most people have heard stories or…
The scandal began with a tweet. “The world wants to invest in Argentina,” Javier Milei, Argentina’s president, posted at 7:01 p.m. on Valentine’s Day, offering a code to buy a new cryptocurrency. The digital coin was called $Libra, and it had been created 23 minutes earlier. Over the next few hours, thousands of people invested….
Argentina’s libertarian president, Javier Milei, has caused a political firestorm by promoting an unknown cryptocurrency token that shot up in value after his endorsement and then swiftly cratered. In a post on social media on Friday night, Mr. Milei said that the coin, called $LIBRA, would stimulate the economy and help small businesses grow. While…
A founder of a French cryptocurrency company and his wife were freed in France this week after being brutally kidnapped and held for ransom, the authorities announced on Thursday. David Balland, a founder of Ledger, a company that sells physical devices to store crypto assets, was abducted alongside his wife early on Tuesday from their…