Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

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Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say


Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan reported. The alleged scammers were charged with multiple violations of Taiwanese banking and business laws. The group of seven were arrested

The post Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say appeared first on CCN

Posted by Samantha Chang on January 19, 2019 @ https://www.ccn.com/taiwan-bitcoin-traders-ran-51-million-crypto-scam-prosecutors-say/

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