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🗣Semler Scientific Buys Additional 83 Bitcoin Worth $5M Medical technology firm Semler Scientific has purchased an additional 83 BTC, bringing its total holdings to 1,012 BTC, valued at over $68M. The company sees Bitcoin as an attractive investment and plans to continue diversifying its portfolio with digital assets. Chairman Eric Semler expressed excitement about growing institutional adoption of Bitcoin. In May, Semler Scientific had already acquired 581 BTC for $40M.

Forbes-Listed Chinese Businessman Jailed for Crypto Fraud Yang Bin, once ranked second on Forbes’ list of China’s richest citizens in 2001, has been sentenced to six years in prison in Singapore for running a multimillion-dollar Ponzi scheme disguised as a crypto investment. His company, A&A Blockchain Innovation, falsely claimed to own a large Bitcoin mining operation. The scam defrauded over 700 investors of approximately $5.14 million.

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