RATE Group | Chinese Cryptocurrency Mining Scam Reached $11M: Latest Crypto Fraud
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Chinese Cryptocurrency Mining Scam Reached $11M: Latest Crypto Fraud

23 Apr Chinese Cryptocurrency Mining Scam Reached $11M: Latest Crypto Fraud

Posted at 23:40h in Cryptocurrency News by

  • A new digital currency Ponzi scheme from China has gulped nearly $11 million Bitcoin in less than a month of its operation.
  • AK is the authorized super node mining platform issued by CXC which is the basic composition application of the CXC ecosystem.
  • A press release revealed that AK decreases its supply by 18% every 90 days influencing the investors to invest in this exclusive opportunity.

A new digital currency Ponzi scheme from China has gulped nearly $11 million Bitcoin in less than a month of its operation.

AK, a super mining application group that operates on CXC chain

According to a report, a new Chinese crypto Ponzi scheme Antimatter Kingdom (AK) seems to have acquired $11 million worth Bitcoin in within a month of its regulation. During its launch at the beginning of April, the Antimatter Kingdom notified itself as a super mining application group that operates on the CXC chain.

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