A crypto kid had a $23000-a-month condo. Then the Feds came
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The case echoes similar cryptocurrency frauds, such as that of BitConnect, promising people double-and triple-digit returns and costing investors billions. ... to use blockchain technology to speed up foreign exchange transactions.
"It has been doing really well in the U.S.," Jose Fernandez da Ponte, PayPal's general manager for blockchain , crypto and digital currencies, told CNBC.
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