Good article by Haley Hintze about the situation:
https://www.poker.org/hellmuth-front...in-california/
Bitcoin Latinum is a shitcoin which has nothing to do with bitcoin itself. Bitcoin Latinum actually hasn't been released, but a token called LTNM is presently there in its place, which serves as kind of a presale token. LTNM fell from $180 at its peak about a year ago to about $0.25 today.
It appears to have all been promoted with lies, and investors were allegedly duped.
Hellmuth himself may be sued eventually for his aggressive promotion of it.