Yet another cautionary tale of diving into crypto investment opps
Two Estonian men were arrested yesterday for their alleged roles in running a series of cryptocurrency and money laundering scams that bilked $575 million from"hundreds of thousands of victims" while the suspects used their ill-gotten gains to buy real estate and luxury cars.
The Estonia-based biz purported to manufacture and sell Bitcoin and other virtual-currency-mining hardware and equipment to a global customer base, and it required customers to pay for the gear in full when they ordered it.
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