Cryptocurrency

Security

<a href="https://bitcoinworld.co.in/chinese-police-collapsed-a-multi-million-dollar-cryptocurrency-ponzi-scheme-group/" title="Chinese Police Collapsed A Multi-Million Dollar Cryptocurrency Ponzi Scheme Group" rel="noopener noreferrer nofollow"></a>
Chinese police announced on their official website that they had collapsed the cryptocurrency ponzi scheme group, which had a money flow of $280 million.
The Yuanbao Branch of the Chifeng City Domestic Security Bureau in China’s Inner Mongolia province has made a significant breakthrough by solving a major Ponzi scheme case involving a cryptocurrency platform.
The platform, which has been under suspicion for criminal activities related to the Ponzi scheme, was using cryptocurrencies as part of its operations.&nbsp;
The name of the cryptocurrency platform in question was not given in official Chinese sources.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/beware-80-of-comments-on-major-crypto-project-tweets-are-phishing-scams/" aria-label="“Beware! 80% of Comments on Major Crypto Project Tweets Are Phishing Scams” (Edit)" rel="noopener noreferrer nofollow">Beware! 80% of Comments on Major Crypto Project Tweets Are Phishing Scams</a>
Headquartered in Beijing, the virtual currency platform had a tightly knit organizational structure and used new marketing tactics.&nbsp;
At the time of the crime, the platform had more than 18,000 registered members covering 13 provinces and cities across the country. The total transaction flow exceeded 2 billion yuan ($280 million).
Police took a significant step by arresting 30 suspects and freezing nearly 10 million yuan of funds related to the case.&nbsp;
While the investigation continues, the two main suspects surrendered to authorities.
Currently, all crypto assets are banned in China, but there is still a great interest in virtual assets in the country. Many Chinese citizens can access crypto platforms using VPNs.
#Binance #WRITE2EARN
The post <a href="https://bitcoinworld.co.in/chinese-police-collapsed-a-multi-million-dollar-cryptocurrency-ponzi-scheme-group/" rel="noopener noreferrer nofollow">Chinese Police Collapsed A Multi-Million Dollar Cryptocurrency Ponzi Scheme Group</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Chinese Police Collapsed A Multi-Million Dollar Cryptocurrency Ponzi Scheme Group

ItsBitcoinWorld

2024년 2월 5일에 게재된 다른 기사

Crypto Winter In Spain? New Taxes Target Digital Assets

Chainlink Soars 24% on Whale Activity and Positive Technicals

Online Crypto Course Founder Faces SEC Charges in $1.2 Million Fraud Case

Bitcoin Price Stuck In Range, Can BTC Bulls Save The Day?

Genesis Applies for Authorization to Liquidate $1.6 Billion in Bitcoin and Ether Trust Assets

XRP prices continue to trend south, another 8% drop coming?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!