Wuhan police in China cracked a new type of virtual currency fraud case called "Doubi" and successfully recovered 200,000 yuan

avatar
MarsBit
05-21
This article is machine translated
Show original
Mars Finance News, on May 21, according to the Ping An Wuhan public account, the Qingshan District Police in Wuhan recently cracked a virtual currency trading fraud case using the "chopping coin" method. Suspects Ye and Li claimed they did not receive virtual coins after Mr. Liu transferred them, attempting to refuse payment of 200,000 yuan. After technical verification and evidence presentation by the cybersecurity squad, both suspects ultimately confessed to the fraud and have been criminally detained, with all involved funds recovered. The police warn that virtual currency trading is an illegal financial activity and is not protected by law. According to the introduction, "chopping coin" is a new type of virtual currency fraud method, where the core strategy is to claim non-receipt of virtual coins after the transfer, thereby refusing to fulfill payment obligations and aiming to defraud the other party's assets.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments