Cryptocurrency has always been challenging and it was getting far more challenging the recent weeks will all the prices going down, the market changing as thr minute goes by. The price of bitcoin was also going down since last November.
Now, regulators was investigating another possible fraud. More than 50 potential crypto tax offences have been uncovered by international tax inspectors, which may pave the way for an official probe in the coming weeks — including a possible $1 billion Ponzi scheme. according to a report made by cryptoraq.
If this really is a possible ponzi scheme, it is a good thing that authorities found it early so there will be no other victims that will suffer too much lost investing on something that would endup as a scam.