Skybridge calculates that the fair market value of Bitcoin is $40K and that of Ethereum is $2,800
The creator of Skybridge Capital estimates that, based on acceptance, wallet size, use cases, and growth of wallets, bitcoin's fair market value is around $40,000. The asset management company also calculated the fair market value of ethereum to be roughly $2,800.
11 individuals are charged by the SEC in a $300 million cryptocurrency pyramid and Ponzi scheme
Four of the company's founders and seven of its promoters have been accused by the U.S. Securities and Exchange Commission (SEC), which called Forsage "a fraudulent crypto pyramid and Ponzi scheme." Worldwide, including in the United States, the scam is said to have garnered more than $300 million from millions of ordinary investors