From alleged exit scams to state-sponsored hacking and $6.1 million Valentines day gifts – it’s all happening in China right now.


EtherDelta Busted

Police in China have apparently begun investigating crypto trading platform EtherDelta over an exit scam. Partner at crypto investment fund Primitive Ventures, Dovey Wan, made the revelation yesterday on crypto twitter.

EtherDelta is involved in a major scam in China, police officially take legal action against it. The actual beneficiaries of EtherDelta are all Chinese after ownership transition in 2017

She added that ‘furious’ investors of the EDT token blew the whistle to local police who launched an official investigation, and that…

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Source: https://thebitcoinnews.com/exit-scams-state-sponsored-hacks-and-a-very-expensive-valentines-day/