22/05/19 08:22 UTC-4

Two Chinese scammers stole $56 million in Bitcoin

On the morning of May 22, information appeared about two Chinese scammers who, during the manipulation, were able to get 7,000 Bitcoins, which is equivalent to $ 56 million at the current rate. The attackers were arrested, investigations are continuing. This was stated by the Bjnews local news agency.


Fraud worth 7,000 Bitcoin

In early April of this year, more than 20 people appealed to the police because of a fraudulent scam. From the statement of victims: two attackers (Yi Zhou and Xiang Li) held a fraudulent collection of cryptocurrency for fictitious tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
on the exchange. As it became known, the scammers raised money by presenting themselves as experienced traders.

The victims said that they personally transferred the Bitcoins to the address indicated in the hope of receiving interest from a profitable investment. In addition, arbitrage trading with the help of professional traders is a common method of passive income in China.

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According to the police, it is assumed that Yi Zhou and Xiang Li promised depositors to pay generous interest if they transfer the crypto to the specified address. The essence of the process was as follows: the attackers introduced themselves as traders and offered services for a favorable exchange of Bitcoin (games on the stock-exchange). As soon as customers transferred the crypto, the scammers disappeared.

Now, the case is being considered by a police station in Hangzhou County. Fraudsters are accused of fraud with Bitcoin deposits. Chinese scammers have stolen $ 56 million in Bitcoin. Recall that today a 75% increase in Bitcoin SV cryptocurrency was noticed.

Editor: Pereyidenko Ihor

See also: "Binance Coin continues to set historical maximum"

#China #cryptocurrency #scammers #Bitcoin #Bitcoindeposit #overthecountertrading



31/05/19 09:56 UTC-4

Unplanned Cosmos cryptocurrency hard fork: vulnerability exclusion

​On May 31, an unscheduled hard fork took place in the Cosmos cryptocurrency network. It happened due to the discovery of the vulnerability of the coin’s blockchain network. Cryptocurrency developers, Tendermint, reported on the successful elimination of the error.

27/05/19 03:00 UTC-4

Bitcoin broke the annual cost record: cryptocurrency has grown over $8,800

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Hypes, funds, fiat money