A local press has reported that the Police in China’s north-western city of Xi’An has successfully arrested the founders of a claimed nationwide cryptocurrency pyramid scheme. The arrested founder was reported to have allegedly gathered approximately $13 million from 13,000 victims. The scheme claimed the new members could make $13,000 per day with an initial investment of $480,000.
$13 Million Blockchain Pyramid Scheme Busted In ChinaIncryptsApr 18, 2018086
Nov 16, 2018
Nov 15, 2018