Chinese police uncovered a fraudulent scheme that victimized tens of thousands of deceived people. The total damage from the activities of criminals is estimated at 2 billion yuan or $ 300 million at the current rate.
Fraudsters received the money for the sale of fake Usikov that are beneficial to mine their own token CAI and well-known cryptocurrency Filecoin. In just four months, the company Lianxin Tech managed to sell about 300 thousand ASIC miners.
Don’t believe scamu
Equipment Lianxin Tech was promoted as a profitable investment in advertising the company’s representatives were told its customers exorbitant profits, comparable to how much was brought mining Bitcoins 10 years ago.
Price of one machine — 5800 yuan, the estimated payback period does not exceed two months. Just a day it would be possible to produce 47 CAI. Cryptocurrency really existed and were traded on the stock exchange AT a little-known. In a short time its price shot up from 0.5 to 2 yuan, which investors fell for the Scam and bought the first batch of Asimov.
For a buyer, the script was amazing — hundreds of Asimov would have made him about 43 thousand dollars a month. In this one detail manual Lianxin Tech still kept. Stock exchange where traded their tokens, completely controlled the company. Respectively, the price of CAI manipulated for luring new victims.
CEO even set up a company called Shenzhen Bitmain Tech Company that had absolutely no relation to the well-known mining giant. The deception was uncovered by accident — one of the buyers of Asimov noticed that the equipment continued to generate a steady amount of CAI even during a power outage.
By the time the crooks have already fled with the money, leaving their would-be clients with a bunch of scrap metal. While the local police is still in search involved in scamu.
SUBSCRIBE TO OUR CHANNEL IN THE TELEGRAM. WE ALL HONESTLY.