In China, scammers sold $31 million worth of fictitious digital currency

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According to Xinhua, police in Anhui province exposed a large-scale pyramid scheme related to digital currency. More than two thousand people were involved in the scheme, and the amount involved in the case was more than 200 million yuan (about $31.1 million). The fraudulent scheme has been running since 2016.

Now the 8 suspects are facing minus a second bowl of rice for the next 10 years.
 
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