Police in Jinan accused a gang of ten individuals involving in $46.8 million pyramid scheme masked as a blockchain project. The accused promised the members that they would receive an appropriate amount of shares and dividends upon their membership fees lodged on the blockchain integrated peer-to-peer platform. Earlier, the Shenzhen police have charged six individuals involved in a crypto scam.
Arrests under $46.8 million Pyramid SchemeIncryptsMay 29, 20180
Feb 18, 2020