‘Bit Digital’ surpassed $1.3 billion in market capitalisation on the Nasdaq sharemarket. Security analysts and investors have declared the Chinese-American company a scam, as the assets probably do not exist, and the business is designed to steal funds from investors. The last chairman and CEO are also on the run from police.
https://www.afr.com/wealth/investing/a-bitcoin-fraud-or-billion-dollar-opportunity-20210114-p56u1y
