Arrests in Shenzhen Puyin Blockchain Group Case

Blockchain Technology Crypto Exchange Market

The Shenzhen police have accused six individuals of having been involved in a crypto scam case of the Shenzhen Puyin Blockchain Group. The company has allegedly raised $48.2 million victimizing more than 3,000 individuals. The company issued a variety of tea token which is backed by precious tea called Pu’er at the rate of $3,140 per piece.

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