The arrested man was reported to be selling bitcoin machines at a loss, but on the condition of receiving the money two months in advance. Photo: news.sina.com.cn

Chinese man arrested over ‘US$15 million bitcoin fraud’

Sale of mining machines for less than market rate attracted investors to hand over money before the suspect began to default on orders, it is claimed

Topic |   China Society

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The arrested man was reported to be selling bitcoin machines at a loss, but on the condition of receiving the money two months in advance. Photo: news.sina.com.cn
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