Shanghai police have uncovered a fraud case involving a scheme labeled as a “Coin Trading Master.” Victims were persuaded to over-leverage their trading positions, resulting in liquidation. The fraudulent operation misled individuals into believing they could profit from coin trading. However, the scheme ultimately exploited participants, leading to significant financial losses. Authorities are investigating the methods used to entice victims and the extent of the fraud.
Last updated on October 24th, 2025 at 11:08 am
