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Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers

Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial. Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers
Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial.
Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges.
The public prosecution agency claims that the “gang” of alleged fraudsters was active from 2020 to 2021....
Read More: Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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