Categories: Techno

In China, 34 people received prison terms for cryptoshachra at $ 64 million

< img src = "/uploads/blogs/27/54/IB-FRC31LBR_8F0548AC.jpg" Alt = "in China 34 people received prison terms for cryptoshchrya at $ 64 million"/> ~ < P > In China, 34 people were convicted of creating a fraudulent cryptocurrency platform Ourbit, with which they stole about $ 64 million in 30,000 investors, local media reports. The court in Echzhou found that the group organized a complex scheme, pretending to be experts and manipulating data for the platform to seem legal.

< P > Ourbit was positioned as a exchange with licenses from the US, Great Britain and Singapore. She offered false trade tools, such as & laquo; zero slipping & raquo; And the stop warrants, as well as demonstrated fictitious quotations of cryptocurrencies. In reality, all transactions were fabricated and users lost their invested funds.

< p > to attract victims of fraudsters created groups in WeChat, where the false participants demonstrated counterfeit profits. The victims were persuaded to invest in deals with high credit shoulder. In case of winning accounts were blocked and new investments were required to unlock, which also disappeared.

< p > Ourbit acted as an organized structure with technology, marketing and attracting new users. The attackers hired agents and subagents, each of whom received a percentage of losses of clients involved. One of the victims reported that he lost over $ 400,000.

< p > The court found the group guilty of deliberate fraud and issued sentences from three to twelve years of prison UP & Rsquo; In addition, all convicts are brought & Rsquo; to pay great fines. The judge stressed the importance of caution during investment and warned from trust in questionable rapid earning schemes.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

Share
Published by
Natasha Kumar

Recent Posts

NATO's three aircraft were patrol over Romania at once

< img src = "/uploads/blogs/a5/16/IB-FRFG3I9ls_6ca7030f.jpg" Alt = "at once three NATO reconnaissance aircraft started patrol…

59 minutes ago

Ukraine received thousands of Starlink new generation

< IMG SRC = "/Uploads/Blogs/F6/B9/IB-FRFGC0ved_2A6BBB1CB.jpg" Alt = "Ukraine received thousands of Starlink new generation"/> ~…

59 minutes ago

The fastest match in the Dota 2 Cyber ​​Sports History lasted only a few minutes

< img src = "/uploads/blogs/63/99/ib-freectk_316240df.jpg" Alt = "The fastest match in Dota Cybersport Sports History…

59 minutes ago

Shi helped to open a simpler way to create quantum confusion

< IMG SRC = "/Uploads/Blogs/08/A2/IB-FRF5LPAQC_2573D739.jpg" Alt = "Artificial Intelligence helped to open a simpler way…

59 minutes ago

When the CNRS finances the conspiratorial report of Chavalariaias: anti-science or anti-debate ?

< IMG LOADING = "Lazy" SRSC = "/Sites/Default/Files/Styles/Medium/2025-04/Image%20article%20%2813%29.png ? Itok = BKBEZYM6" Width = "1280"…

2 hours ago

The SBU detained the Russian agent couple, which was preparing a double terrorist attack near the shopping center in Ternopil

< IMG SRC = "/Uploads/Blogs/AF/89/IB-FRFG74PB7_06BF9BF3.JPEG" ALT = "SBU detained the Russian agent pair, which prepared…

3 hours ago