Police Arrest Five in MyCoin Bitcoin Exchange Scheme Case

By March 5, 2015Bitcoin Business

Five individuals have been arrested by Hong Kong police forces in connection with the collapse of MyCoin, an alleged bitcoin trading platform.

The arrests were made as part of a broader hunt for individuals associated with MyCoin , which is believed to have cost investors millions of dollars in losses for fraudulent activities. The five were arrested for conspiracy to defraud, according to the South China Morning Post .

The individuals taken into custody on 5th […]

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