Austrian scammers escape investors, but not law enforcement

Between December 2017 and February 2018, the scammers pretended to have set up a genuine online trading company which had issued a new cryptocurrency. The initial coin offering (ICO) amounted to an offer of 10 million tokens – or respective rights to the new currency. Investors paid them in established cryptocurrencies such as Bitcoin or Ethereum. In order to gain…

Article Link: Austrian scammers escape investors, but not law enforcement | Europol

1 post - 1 participant

Read full topic

10 million cryptocurrencies cryptocurrency currency december enforcement escape february ico investors law law enforcement offer paid rights scammers tokens trading