QLC Chain has recently revealed its plan in launching a blockchain-powered anti-fraud message tracker. The live demonstration of the platform will also be made available and the launching will be organized during the “Antifraud & Message Traceability Public Interest Platform Launching Event” on this coming May 17th. The platform is powered by Q-gas, and will be made available for commercial purpose immediately after the demo.
The Indian police officials are probing a crypto fraud case involving $26,000 worth Wowcoin. Indrani Maruthamuthu, the victim got to know the directors of Wow Digital Solutions Pvt Ltd through Facebook. She was introduced to a WhatsApp group called Wow Trade Coin. A trading account was opened in her name and huge returns were promised.
Prosecutors of Incheon district of South Korea filed suit against Mining Max LLC, a mining firm for $250 million fraud. This has emerged from the mining business activity happening between the months of September 2016 until this October.