Mexico’s 3rd-richest man, Ricardo Salinas, says he was defrauded in a $150M stock-backed loan connected to $400M Bitcoin bet .



Here’s what happened 👇

• Salinas reportedly took a $150M loan backed by pledged shares
• The capital was tied to a broader $400M $BTC position
• He now alleges those pledged shares were sold without his consent

Salinas has been one of Latin America’s most vocal Bitcoin advocates, repeatedly urging investors to allocate heavily to #Bitcoin
BTC0,83%
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