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  • 7 weeks ago
A UK court has sentenced a Chinese woman and Malaysian man in the UK's largest cryptocurrency scam case to date. The pair defrauded nearly 130,000 people out of more than US$3 billion over four years.
Transcript
00:00A British court has jailed two people in one of the biggest cases of cryptocurrency fraud in the
00:05country's history. Tian Zemin, a Chinese woman, was handed over 11 years in prison.
00:12Her co-defendant from Malaysia, Lin Xing-hak, was given nearly five years. The pair defrauded
00:17nearly 130,000 people of more than US$3 billion over a four-year period. They then invested that
00:25money into cryptocurrency assets now worth over US$30 billion.
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