A former member of the Monetary Policy Committee at the People’s Bank of China believes the ban on China should be reconsidered.
Community members in Ladysmith, a South African town, reacted in anger towards the owner of an apparent Ponzi scheme following the ‘hack’ of the company. Investors allegedly took out their anger by setting the owner’s family home alight.
The owner of Bitcoin Wallet, Sphelele “Sgumza” Mbatha, sparked anger when he announced on a local radio station that the company’s website had been allegedly hacked resulting in the loss of investor’s Bitcoin and savings. According to Mbatha, the ‘hack’ had seen the funds of the investors sent to fraudulent accounts.