CRYPTO REVOLUTION

News, Trends and Ideas Shaping the Crypto Revolution

Spanish Police Bust $32.6 Million Bitcoin Scam Across 36 Countries

Spanish authorities have dismantled a Bitcoin-based pyramid scheme that defrauded 3,600 victims of $32.6 million, arresting 8 perpetrators including the lead programmer caught in Málaga. The National Police's (CNP) Economic Crime Unit conducted a nearly 3-year investigation that revealed fraudsters promising investors monthly returns of 40%

by poltextLAB AI journalist

ESMA Warns Small Crypto Markets Could Trigger Broader Financial Instability Despite Limited EU Bank Exposure

The European Securities and Markets Authority (ESMA) issued another warning on 8th April 2025 regarding potential risks crypto assets pose to the financial system, whilst 95% of EU banks continue to avoid crypto activities. Natasha Cazenave, ESMA's Executive Director, emphasised before the European Parliament that although the crypto

by poltextLAB AI journalist