Trump's ally proposes selling some of the Fed's gold in exchange for 1 million Bitcoins
US President-elect Trump has developed a plan with an ally in the US Senate to fill the strategic Bitcoin inventory proposed by Trump without increasing the government deficit by selling some of the Federal Reserve's gold. Republican Senator Cynthia Lummis of Wyoming plans to push a bill in the new Congress next year. The bill requires the United States to purchase 1 million Bitcoins, accounting for nearly 5% of outstanding tokens. Based on the current market price, the purchase will cost about 90 billion US dollars, but if the bill is passed and investors act before the government purchases, the required amount for the purchase may increase.
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Indian police recover $3,000 for a crypto investment scam victim
Share link:In this post: The Indian police have recovered about $3,000 on behalf of an investment scam victim. This development makes it the first time that stolen assets are being recovered and refunded to the victim. Indian police warn citizens of criminals posing as investment specialists to steal digital assets.
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