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Chinese Crypto Scam Fleeced Investors for Over Millions of Yuan
Individuals behind a cryptocurrency scam in China have cheated around 300 investors out of millions of yuan, police say. The Zhejiang Police Bureau has arrested over 20 people said to be involved with the online crypto scam. The police bureau said that the group formed an online investment platform called “Quark PRO”last year. From 2018 to 2019, the accused reportedly attracted investors for an investment of $100(¥685) , soon after will the investors get ¥440 profit. “I received a wechat message from a stranger, who said that there was an investment platform called QuarkPRO and the return on investment was ... (full story)