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Crypto Assets Worth $60 Million Seized By Chinese Police In Filecoin Ponzi Scheme Case

November 7, 2021
Source: newsbreak.com newsbreak.com
News Snapshot:
Local police from the Fengxian district country Bureau in Shanghai China have arrested 31 people for alleged illegal pyramid schemes. During the crackdown, police seized over 400 million yuan ($62.5 million) in Ethereum, TEDA coins, and FIL coins from the arrested suspects. “Fengxian Country Bureau successively arrested 31 members...
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Tags: arrested | bitcoin | blockchain | China | Chinese | crackdown | crypto | currency | Ethereum | Fengxian | fintech | illegal | police | Renminbi | Shanghai | Yuan

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