"Australian Senator Slams Bitcoin As 'Ponzi Scheme'"
BTC_AT_TIME $109,024
Published in Decrypt on 2025-05-26, "Australian Senator Slams Bitcoin As '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 $109,024 at the time of publication. Bitcoin surged past $100,000 amid growing sovereign and institutional adoption.