Swiss and German authorities, backed by Europol, shut down the Cryptomixer bitcoin-laundering service in Zurich, seizing servers, the domain, EUR 25 million in BTC and 12 terabytes of data linked to major cybercrime networks.
Elon Musk called Bitcoin a “physics-based currency” tied to energy and suggested that advances in AI and robotics could eventually make money obsolete.
A Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family.
Bitcoin price rebounded to $86,000 after lows of $80,915 last week. Deutsche Bank, Anthony Popliano and Fed Governor Christopher Waller all added some nuance to the recent volatility.