Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore tribunal to six years successful situation and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to ain 300,000 cryptocurrency mining machines, promising investors a regular instrumentality of 0.5%. In reality, the institution had nary specified […]