Alleged Bitcoin Scam Organizers Arrested in Taiwan

By August 25, 2015Bitcoin Business

Alleged Bitcoin Scam Organizers Arrested in Taiwan. MyCoin is currently under investigation for running a Ponzi bitcoin scam, and two of its organizers were recently arrested in Taiwan. According to Taipei’s Criminal Investigation Bureau, individuals Lu Kuan-wei and Chen Yun-fei were apprehended since they have held a few events for MyCoin.

“Chen and Lu held several events for investors convincing each one to spend NT$1.62 million (US$49,600) for 90 BTC and an account with MyCoin’s […]

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