Canadian Billionaire: Crypto Can Be Seized, It’s Not Digital Gold
The post Canadian Billionaire: Crypto Can Be Seized, It’s Not Digital Gold appeared on BitcoinEthereumNews.com. “There is no escape” A loud Bitcoin skeptic Canadian billionaire philanthropist and prominent gold advocate Frank Giustra has re-ignited the fierce debate surrounding cryptocurrency’s safe-haven status. The magnate has warned that the crypto sector is actually vulnerable to state intervention. “There is no escape” Giustra’s latest criticism has been prompted by remarks from prominent media personalities and U.S. Treasury Secretary Scott Bessent regarding the federal seizure of approximately $1 billion worth of cryptocurrency wallets. “Some of them are typing in their wallets right now and have no idea it’s already gone,” Bessent said. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Giustra seized on the news to slam Bitcoin’s alleged vulnerability. You Might Also Like One crypto prop