Bitcoin’s Boom Is an Opening for Scams
Billions were lost to fraud last year. Plus: Med spa procedures push boundaries, and calculating the cost of war.
A Coinhero store in Hong Kong marks the occasion of Bitcoin crossing $100,000 with a cartoon.
Photograph: Bloomberg
Alice Kantor, who recently wrote about Dubai as the center of alleged crypto-based Ponzi and pyramid schemes, writes in the newsletter today about reasons to be cautious amid crypto’s recent run. Plus: Med spas’ reliance on nurse practitioners, and the economic consequences of war in Gaza and Ukraine. If this email was forwarded to you, click here to sign up .
Bitcoin is yet again enjoying a moment of glory, but beware of the scams that may come with it.