Police Bust Alleged $13 Million Crypto Pyramid Scheme

Altcoin Today

Police Bust Alleged $13 Million Crypto Pyramid Scheme Police in China’s northwestern city of Xi’An have arrested the founders of a claimed nationwide cryptocurrency pyramid scheme that allegedly amassed 86 million yuan ($13 million) from over 13,000 people. According to a report from local media source Huashang News, Wednesday, the scheme launched in March 28 this year after…

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