Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments.
Summary
- Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim.
- His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures.
- The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions.
Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset…
