Crypto scams Asia: In less than 24 hours, the government of China and South Korea broke up two organized groups, which were responsible for the promotion of pyramid schemes using cryptoconge investment in the background. This decision seems to be firmly stronger in both the government's strong position in the fight against the criminal use of Blocken Technologies.
In recent months, with the rise in the popularity of cryptokwuarbars, scams and pyramid schemes, Asia has increased significantly, where the market saw even higher acceptability rate compared to the rest of the world.
For example, the importance of Asia's market is, for example, one of the best intermediation opportunities for South Korean businessmen a few months ago, because the world's bittacquena price and the rest of the P2P market were left in the world. Also, rumors about the policies of the country against crypts are spread when the world markets are driven into a difficult yacht.
Asian Punchy Project # 1: China's $ 13M Datang-Currency
On April 19, Northwest China's police talked about the destruction of an organized gang, which was involved in the scam of millions of dollars by cheating investors with an existent token.
They organize events in various cities such as Nimbo, East Tangier Province, and even in Poonam Pen, Cambodia. However, one of the most attracted attention is that they are a massive event organized in Xi'an province, an event covered by the "Global Blockchain Technology Development Forum" China Daily
They have created an organization to promote themselves: "Hong Kong English Datong International Group" and their chief executive has hired a coca-perspective person for 30,000 yuan to play the role of Evwini Subbutin.
They were in charge of promoting investment in their "DBTC" Tokenane, so that DBTC customers could get 80,000 yuan ($ 13,000) daily income for their $ 480,000 investment.
These 18 days allowed them to earn 13 million dollars. When the police broke their headquarters, the operation spread quickly to 31 provinces, which resulted in the arrest of 9 people.