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Review of Bitboy's Lambo Livestream Mishap, Kiyosaki Urges BTC Purchase, ETF Approval Pushed by Lawmakers: Weekly Recap

Review of Bitboy’s Lambo Livestream Mishap, Kiyosaki Urges BTC Purchase, ETF Approval Pushed by Lawmakers: Weekly Recap

Bitboy Ben Armstrong Arrested During Livestream Over Stolen Lambo

A crypto influencer named Ben “Bitboy” Armstrong was arrested while live streaming his attempt to confront a former business partner. In a video shared on social media, Armstrong can be seen explaining to the police why he took this action, which includes the alleged theft of his Lamborghini.

British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds

A London-based law firm is preparing to file a lawsuit against Ruja Ignatova, also known as the “Cryptoqueen,” who is the mastermind behind the Onecoin crypto pyramid scheme. The firm intends to initiate a class action suit in the United Kingdom’s High Court in order to recover investor funds.

Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has recommended that investors purchase bitcoin before the stock, bond, and real estate markets collapse. He predicts that people will rush to buy BTC along with gold and silver. Kiyosaki believes that by 2025, bitcoin will reach $500,000, gold will soar to $5,000, and silver will reach $500. However, in the event of a global economic collapse, he expects BTC to reach $1 million.

US Lawmakers Urge SEC to ‘Immediately’ Approve Spot Bitcoin ETFs — Say There’s No Reason to Deny Applications

Four U.S. lawmakers are urging the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) without delay. They argue that after a recent Court of Appeals decision, there is no justification for denying such applications using inconsistent and discriminatory standards. The lawmakers have called on SEC Chair Gary Gensler to grant the listing of spot bitcoin ETPs immediately.

Hot Take: Bitcoin News Week in Review

In this week’s Bitcoin.com News Week in Review, we saw the arrest of crypto influencer Bitboy Ben Armstrong during a livestream where he was trying to confront someone he accused of stealing his Lamborghini. Additionally, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” advised investors to buy bitcoin before an impending market crash. Furthermore, U.S. lawmakers have urged the SEC to approve spot bitcoin ETFs “immediately.” Stay tuned for more updates on the latest news in the world of Bitcoin.

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Review of Bitboy's Lambo Livestream Mishap, Kiyosaki Urges BTC Purchase, ETF Approval Pushed by Lawmakers: Weekly Recap