Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath

The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands and Panama, promoted “Crypto Arbitrage Investment Packages” without proper registration. Crypto Potato

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Bitcoin Surpasses $75,000 as $180 Million in Short Positions Liquidated; Spot Demand Suggests Potential for Further Gains

Bitcoin has recently surged to a new all-time high of $75,000, triggering significant liquidations in short positions and showcasing strong spot demand. The latest market data reveals that approximately $180 Crypto Potato