Local authorities in China have continued to target crypto scams in the country. The Chinese police have infiltrated a massive crypto ponzi scheme, arresting several suspects and confiscating digital assets. Multi-million dollar crypto scam busted in China Xinhua News Agency, a local news outlet, reports that the online pyramid scheme which was called “Ripple UnionPay The post Chinese Police Cracks Down On $5 million Ripple Pyramid Scheme appeared first on CoinGape.
