"One Of Asia's Largest Banks Says Bitcoin Is A Ponzi Scheme"

Published in CNBC on 2017-11-14, "One Of Asia's Largest Banks Says Bitcoin Is A Ponzi Scheme" declared Bitcoin dead or fundamentally doomed. The piece characterised Bitcoin as a fraudulent scheme with no underlying value, arguing it would inevitably collapse once new buyers dried up. Bitcoin was trading at $6,599 at the time of publication. Bitcoin was in the midst of an extraordinary bull run, rising from $1,000 to nearly $20,000 by December.