Bulgarian Woman Sentenced to Four Years in OneCoin Crypto Fraud
A Bulgarian woman, Irina Dilkinska, has been handed a four-year prison sentence for her involvement in a large-scale fraud scheme orchestrated by the cryptocurrency company OneCoin.
All eyes are currently pointed at Bitcoin because the cryptocurrency divided in two, reports Profit.bg
After numerous debates on how the virtual currency can be improved, in the end it was created entirely new digital active called Bitcoin Cash. The situation around digital currencies is not something that can be easily explained to people who do not have previous knowledge in the area. According to some this move of division could make the currency a global payment tool.
'During the summer there was a collision of opinions and points of views' said Zaki Manyian who is an independent expert on cryptocurrencies, cited by CNN. In order for it to become a global payment system which could be used by anyone it has to overcome problems like its volatile growth. For some the solution was entirely new currency using similar software.
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Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
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