Ricardo Salinas, Mexico's third-richest individual, alleges he was defrauded in a $150 million stock-backed loan connected to a $400 million Bitcoin investment. According to Salinas, his pledged shares were sold without his consent, as reported by the Financial Times. The incident highlights the risks associated with leveraging stock holdings for cryptocurrency investments.
Ricardo Salinas Claims $150M Fraud in Stock-Backed Loan Linked to Bitcoin
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