Chinese Police Arrest 32 Cryptocurrency Fraud Criminals in Wuhan

Source
Uk Jin

Summary

  • Wuhan police reportedly dismantled a cryptocurrency (virtual asset) fraud criminal organization and arrested 32 people.
  • The criminals impersonated Baekbumi online, showed virtual asset investment returns, and lured victims.
  • Victims were induced to invest in a fake virtual asset investment platform.

On the 3rd (local time), Gwangmyeong News reported that Wuhan police dismantled a cryptocurrency (virtual asset) fraud criminal organization and arrested 32 suspects.

They reportedly impersonated Baekbumi (a term for 'perfect daughter' in China) online, lured victims by showing virtual asset investment returns, and induced investments into a fake virtual asset investment platform.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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