Coin Young Master Arrested For Crypto Fraud

Coin Young Master Arrested For Crypto Fraud

Wong Ching-kit (25-year-old man calls himself “Coin Young Master”) a purported crypto entrepreneur who gained fame last December for a money-throwing stunt on a Hong Kong street was arrested on Thursday for suspected fraud related to sale of virtual currency mining equipment. Authorities accused the young businessman of cheating investors by selling mining machines for a called Filecoin.

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