Between December 2017 and February 2018, the scammers pretended to have set up a genuine online trading company which had issued a new cryptocurrency. The initial coin offering (ICO) amounted to an offer of 10 million tokens – or respective rights to the new currency. Investors paid them in established cryptocurrencies such as Bitcoin or Ethereum. In order to gain…
Article Link: Austrian scammers escape investors, but not law enforcement | Europol
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