HK Police Arrest 5 Involved in MyCoin’s Alleged Bitcoin Ponzi Scheme

By March 6, 2015Bitcoin Business

HK Police Arrest 5 Involved in MyCoin’s Alleged Bitcoin Ponzi Scheme Hong Kong police arrested five suspects on Thursday, March 5 in connection to the MyCoin alleged Bitcoin scam. Authorities are still searching for the directors and shareholders of the investment company involved in the case.

The arrests follow the sudden bankruptcy of Hong Kong-based Bitcoin trading and investment outfit MyCoin last month, taking with it a possible total of HK$3bn (or US$386.9m at press […]

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