Gang of 7 defrauds 180 people of $1b in bitcoin business, seizes Dhs320,000 from 5 others – Gulf Today

  • Date: 07-Jun-2023
  • Source: Gulftoday.ae site:gulftoday.ae
  • Sector:Financial Markets
  • Country:UAE
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Gang of 7 defrauds 180 people of $1b in bitcoin business, seizes Dhs320,000 from 5 others – Gulf Today

Picture used for illustrative purpose only.

Mohammed Yaseen, Staff Reporter

An Asian gang of 7 people lured victims who planned to invest in trading the digital currency "Bitcoin," and seized Dhs320,000 from 5 people, in addition to seizing other amounts estimated at $1 billion.