💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
🚨 20 Years in Prison for Crypto Pyramid Scheme on $200 Million
A court in the USA sentenced Praetorian Group International CEO Ramil Palafox to 20 years in prison. His scheme affected over 90,000 investors worldwide.
💵 Instead of the promised profits, he spent investors' money on luxury — expensive cars, high-end real estate in Las Vegas and Los Angeles, hotels, designer items, and transferred at least $800 ,000 and 100 BTC to a relative.
As part of a plea agreement, Palafox agreed to compensate victims with $62.7 million.
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