Suspects on $8 Million Crypto Scam in Taiwan Arrested

Suspects on $8 Million Crypto Scam in Taiwan Arrested

The Taiwan authorities have successfully captured fifteen suspects for allegedly involved in cryptocurrency scam worth of $8 million. According to authorities, the suspects have promoted IBCoin which the usages have been banned in Taiwan. Li Chi-Hsun, the Criminal Investigation Bureau (CIB) confirmed, “there are currently no known companies that trade or deal in IBCoins.”

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