Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […]News Bytes, Crypto, Cryptocurrency, Fraud, Mastermind, News Bytes – 2, Ponzi Scheme, prison, Scam, Singapore, Yang BinRead More

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