Dubai Police arrest six over Dh2.6 million cryptocurrency fraud
Dubai Police have arrested a six-member gang accused of swindling someone out of Dh2.6 million ($707,964) in a cryptocurrency scam involving an unlicensed exchange. The suspects allegedly persuaded the victim to enter a cryptocurrency trading deal before seizing Dh2 million in cash and Dh600,000 in virtual assets. Officers from the Criminal Investigation Department identified and arrested the…
We haven't written up this one. The National Business has the full story — the link below goes straight to it.
