Francisco Rodrigues

The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them. What to know: A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one of the country’s largest crypto fraud cases to date. Federal Judge […]

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions. What to know: Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with the matter. The country has been […]