In brief Basis Markets raised $28M in late 2021, then shut down months later without refunds. The SFO arrested two men in raids across London and West Yorkshire. Victims are urged to come forward …
Tag:
Fraud
- Web3 Technology
London Police Arrest Five in $1.3 Million Crypto Fraud Investigation
by adminby adminIn brief Five men aged between 21 and 37 were arrested on Oct. 1 on suspicion of conspiracy to commit fraud. Police say victims may have lost more than a million pounds (£1 million …
In brief Zhimin Qian defrauded over 128,000 individuals in a fake investment scheme, stealing $6.8 billion and converting it into Bitcoin. The UK government seized it from 2018 to 2021, after Qian entered the …
