Such meteoric rises, Johnson added, are often followed by an all-too-common ending: “Like lightning striking, in an instant the exchange suspends trades, shutters the windows for withdrawals, silences traffic on its website and files for bankruptcy protection, leaving customers infuriated, investors stunned, and creditors scrambling in a footrace to the courthouse.”
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Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst
In the past month, Connors noted, the value of the largest crypto by market cap has risen by over 20% compared to gold, up...