Gypsies sell fake Bitcoins in Russia

Gipsies sold fake Bitcoins to a man on the street in Russia
05 October 2017   2001

A resident of Obninsk city, Russia, fell prey to unusual con men. The man bought two souvenir coins with the sign of Bitcoin for 1000 rubles (approximately $17.3). On top of that, he bough it from some "smart-looking" gypsies on the street.

Bitcoins from gipsies Russia
Bitcoins from gipsies, an image via vk.com

Thus, the gypsies, more than half of Russians have a negative experience with, assured the man that the Bitcoin price is constantly growing and the coins will be cost up to several thousand rubles by November.

Surely, the coins turned out to be a fake and impossible to sell.

Bitwise to Withdraw Bitcoin ETF Application

The application was filled a year ago, company met with regulator 8 times and prepared more than 500 pages of documents
15 January 2020   126

Bitwise Asset Management, a digital asset management company, has withdrawn an application to launch a Bitcoin-linked exchange-traded fund (ETF).

On Tuesday, Bitwise sent a notice to the US Securities and Exchange Commission (SEC), where it announced that it had made such a decision "in the public interest and investor protection."

We did indeed withdraw the application. This is a procedural step, and we intend to refile our application at an appropriate time.

 

Matt Hougan

Global head of research at Bitwise

He also noted that his firm is currently “working hard” to answer the SEC questions in the 112-page commentary on the initial application.

We remain fully committed to the development of a bitcoin ETF.

 

Matt Hougan

Global head of research at Bitwise

Bitwise has applied for the launch of the Bitcoin ETF in January 2019. Since then, the company met with the regulator eight times and prepared 500 pages of documentation with arguments in favor of approving its proposal.