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Crypto scammers strike in Taiwan, elopes with over $5M

September 8, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
TL;DR Breakdown - Police nab 14 suspected crypto scammers in Taiwan. - Scammers duped over 100 investors of over $5m. - US SEC warns investors to be cautious of investment opportunities. Crypto scammers have continued their operation globally with the most recent arrest made by Taiwan Police authorities. The Taiwan police administration has reportedly arrested 14 suspected crypto scammers after organizing a $5.41-million (150 million New Taiwan dollars) investment scam over the past year. They duped over 100 investors. According to CIB investigator Kuo Yu-Chih, the crypto scammers were led by a Taiwanese businessman named Chen. He and the crew...
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Tags: API | arrested | Azure | bitcoin | blockchain | commission | court | crime | crypto | cryptocurrency | currency | finance | financial | fintech | fraud | investment | IT | LED | media | Office | police | social media | Taipei | Taiwan | United States

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