Category: Police

Chinese Police Arrest 4 Suspects For Alleged $13 Mln Crypto ‘Pyramid-Scheme’

Chinese police have arrested four suspects in an allegedly fraudulent crypto scheme in the northwestern city of Xi’an that cost investors $13 mln. Police in China’s northwestern city Xi’an have arrested a primary suspect and three accomplices for a suspected cryptocurrency “pyramid-scheme” that is alleged to have defrauded over 13,000 investors of ¥86 mln ($13

Japanese Police Arrest 12 Men For Allegedly Buying $1.7 Mln In Bitcoin With Fake Fiat

Japanese police have arrested a total of 12 suspects in connection with an alleged Bitcoin ruse, involving almost $2 mln in counterfeit fiat. Tokyo and Hyogo police have arrested a further five persons in connection with an alleged fraud case involving ¥190 mln ($1.7 mln) worth of Bitcoin, bringing the total number of arrested persons