Xiangyang public security cracked 5 cases of virtual currency fraud platform, the cumulative amount of fraud reached 500,000 US dollars
The public security organ of Xiangyang City, Hubei Province announced that it had cracked the case of 5 people creating a false virtual currency trading platform. The accumulated amount of fraud reached 500,000 US dollars. At present, all the involved personnel have been criminally detained according to law. It is reported that the platform targets foreign countries, especially those netizens in non-Chinese environments.