Sunday, March 5, 2023

March 5 in Crypto History: From First Bitcoin ATM to Google's Ad Ban and SEC Charges

Hello guys. What do you think about some regular crypto history flashbacks? Just had a thought that it might be nice to have a laugh or torture yourselves with some past events, yes or to lame?

Here are some important events in the world of cryptocurrency that have occurred on March 5:

  1. In 2014, the first Bitcoin ATM in the United States was installed in a coffee shop in Vancouver, Canada. The ATM was manufactured by Robocoin, a Las Vegas-based company.
  2. In 2015, the United States Marshals Service auctioned off 50,000 bitcoins seized from Ross Ulbricht, the founder of the Silk Road darknet marketplace. The bitcoins were sold in 20 blocks of 2,500 bitcoins each.
  3. In 2018, Google announced that it was banning all cryptocurrency-related advertisements on its platform, including ads for initial coin offerings (ICOs), exchanges, wallets, and trading advice.
  4. In 2020, the United States Securities and Exchange Commission (SEC) charged the founder of Dropil, a cryptocurrency investment platform, with fraud for allegedly lying to investors about the company's performance and misappropriating investor funds.

These are just a few notable events that have taken place on March 5 in the cryptocurrency industry.


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