Bank Bank of China Bitcoin Blockchain China Chinese crypto Currency E-CNY Electronics Fintech Fraud Police Renminbi Yuan
Chinese police warn residents of a CBDC-related scam. The fraudsters claimed that they are digital Yuan promoters. So far, they have successfully duped not less than 500 citizens. Police caution residents over Digital Yuan scam One of the fore complaints of cryptocurrency is that it is used as a front for criminal activities. Right now, it appears that Chinese fraudsters are now targeting digital Yuan. Some companies in China have been duping citizens of their hard-earned money under the pretext that they are promoters of the national digital currency. The imposters hide under the guise that they are issuers of…
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