Alas! I couldn't be a millionaire by the platform of crypto trading. Chinese traders do monkey ๐ business. They may copy and clone crypto coins. They use AI, Deep Fake and tools.
ameer 90s
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Massive Crypto Scam Uncovered: Chinese Court Jails Fraudsters Who Scammed 66,000 Indians
In a major crackdown on cross-border cybercrime, a Chinese court has sentenced members of a fraud ring to up to 14 years in prison for orchestrating a massive crypto scam targeting over 66,000 Indian investors.
How It Happened: Fake Romance Meets Fake Crypto
The criminals used fake identities and online romance tactics to build trust with victims, eventually luring them into a bogus cryptocurrency trading platform. Everything looked real โ until the money vanished.
Victims were persuaded to invest, thinking they were getting in on a legitimate opportunity. By the time the scam was exposed, the losses had soared past $6 million.
A Warning for the Crypto Community
Authorities are calling this one of the biggest crypto fraud cases between India and China โ and they fear it may not be the last. With crypto and online dating both surging, similar schemes could be operating under the radar.
Stay Sharp: Donโt Get Played
This case is a reminder that if something seems too good to be true, it usually is. Always double-check platforms, apps, and people โ especially when money or emotions are involved.
