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
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

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
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
READ FULL ARTICLE