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Exit Scams, State-Sponsored Hacks and a Very Expensive Valentines Day

Bitcoin News

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bitcoin booming in china

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

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