Name: Shanghai Police Bust $16M Pyramid Scheme Involving Crypto
Uploaded: 2022-03-15T18:27:00.000Z
Duration: 5 min 55 s
Description: Police in Shanghai busted more than 10 people in connection with a $16 million pyramid scheme involving cryptocurrencies. It's the city's first cracked case of this sort. "Crypto scams lend itself to what crypto is," says research analyst George Kaloudis. "The Hash" panel dives into this story that again shows the importance of doing your own research.

CD20$2,048.612.94%BTC$73,950.870.71%ETH$2,026.440.60%XRP$1.342.07%SOL$82.871.12%

Shanghai Police Bust $16M Pyramid Scheme Involving Crypto | CoinDesk Videos

Loading video...

CD20$2,048.612.94%BTC$73,950.870.71%ETH$2,026.440.60%XRP$1.342.07%SOL$82.871.12%

Shanghai Police Bust $16M Pyramid Scheme Involving Crypto | CoinDesk Videos