London police bust $1.3 million crypto scam, five men arrested
Jinse Finance reported that the London Metropolitan Police have arrested five men aged between 21 and 37, suspected of defrauding over $1.3 million through fake cryptocurrency investment websites. Police stated that the network may have lured thousands of victims worldwide. Investigations revealed that the suspects operated "boiler rooms," using fake trading platforms, celebrity endorsements, and other tactics to guide victims into continuously investing in fictitious token projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs: The US may lose 50,000 jobs in October
Weak labor market and strengthening bearish forces weaken the momentum of the US stock market rebound
ETH falls below $3,500
U.S. stocks open with the Dow slightly up, Nvidia drops 2.28%, cashes out $5.8 billions
Trending news
MoreCrypto prices
More
