RATE Group | Oct. 28-Nov. 3 in Review
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Oct. 28-Nov. 3 in Review

Oct. 28-Nov. 3 in Review

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Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it customers yet again, another six individuals linked to the Unick Forest crypto scheme are arrested, and the founder of A2 Trader challenges Brazilian regulators to shut down his trading website.

Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Brasil.

Atlas Quantum upsets customers, as it buys BTC for $5,500 and resells for $11,710 

The alleged pyramid scheme, Atlas Quantum, a Brazilian platform that claims to conduct Bitcoin (BTC) arbitration, has angered its customers yet again. This time clients are upset over the price difference in the ‘withdrawal in reals’ operation, suggested by the company’s CEO, Rodrigo Marques, to solve the company’s problem of withdrawals.

The operation gained some popularity as several users sought to sell their BTC in order to save at least a part of their investment….

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