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NVIDIA Scandal Hits Crypto: Bitcoin Drops, $1B Liquidated

By Michael B

The Nvidia scandal hits crypto hard as its board opened an independent investigation into CEO Jensen Huang after reports of his relationship with a woman U.S. intelligence agencies believe may have ties to Chinese intelligence. The news broke over the weekend of November 8–9, 2026, when traditional U.S. equity markets…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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