Reported 8 months ago
New Taipei Criminal Investigation Division and Taipei Investigation Branch have arrested a total of 32 suspects in the ACE Exchange virtual currency fraud case, seizing over 2.2 billion NT dollars and 800 million NT dollars of illegal proceeds. Following an in-depth investigation, another 19 members were apprehended in the fourth round of operations, seizing over 560,000 NT dollars of illegal gains. The suspects used hierarchical methods to deceive victims into purchasing 'air coins' for illicit profits, ultimately defrauding victims of a total of 2.2 billion NT dollars.
Source: YAHOO