Bitcoin.com News
Bitcoin.com News|Apr 16, 2025 05:31
A Chinese court has just thrown the hammer down on crypto scammers ๐Ÿ‘Š Targeting over 66,000 ๐Ÿ‡ฎ๐Ÿ‡ณ investors, a ring of ๐Ÿ‡จ๐Ÿ‡ณ fraudsters raked in 6M using fake romance, promises of 15% monthly returns, and a phony investment app. They didnโ€™t just scamโ€”they built entire fake lives, complete with chat apps and personas to gain trust. Now? They're behind bars for up to 14 years. This is one of the biggest India-China crypto crackdowns yet. Authorities say this isn't overโ€”more schemes like this are still out there. Weโ€™ve seen romance scams, pump-and-dumps, now cross-border psyops? Is this what crypto crime has become? Are we watching the rise of a new global digital war on fraud?
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