Over 1,000 Taiwanese investors have been the victim of a Bitcoin investment scam that stole NTD 50m, around $1.6m, following a promotion on LINE, the instant social chat app. Investors were promised returns of 250 percent within a month, with higher returns over a longer period. The perpetrators have disappeared but the Taipei police force is said to be investigating.
Over 1,000 Taiwanese investors have been the victim of a Bitcoin investment scam that stole NTD 50m, around $1.6m, following a promotion on LINE, the instant social chat app. Investors were promised returns of 250% within a month, with higher returns over a longer period. The perpetrators have disappeared but the Taipei police force is said to be investigating.