Chinese Police Bust $47 Million Purported Blockchain Pyramid Scheme

By News Bot On May 29, 2018 50

Chinese law enforcement has dismantled an RMB300 million pyramid scheme purporting to be blockchain project in yet another crackdown on faux crypto-based fraud. A gang of over ten suspects involved in the pyramid scheme has been arrested by police in Jinan, the capital city of the Shangdong province in eastern China according to a China

The post Chinese Police Bust $47 Million Purported Blockchain Pyramid Scheme appeared first on CCN

Posted by Samburaj Das on May 29, 2018 @ https://www.ccn.com/chinese-police-bust-47-million-purported-blockchain-pyramid-scheme/

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