Chinese Police Arrest 8 People Related to $7.8M Rug Pull

HomeCrypto News

Chinese Police Arrest 8 People Related to $7.8M Rug Pull

In June 2021, an investor lost RMB 590,000 that he had invested in a crypto token, when the project owners siphoned the money, shut down the website, and were unreachable, Chizhou police said. Hundreds of investors lost RMB 50 million in the scam, the post said. www.coindesk.com

In June 2021, an investor lost RMB 590,000 that he had invested in a crypto token, when the project owners siphoned the money, shut down the website, and were unreachable, Chizhou police said. Hundreds of investors lost RMB 50 million in the scam, the post said.

www.coindesk.com