May 19, 2024
Crypto

Dozens indicted in ACE Exchange crypto scam

Prosecutors on Friday indicted 32 people on fraud and money laundering charges related to the cryptocurrency trading platform ACE Exchange, recommending sentences of at least 20 years in prison for the four primary suspects. Among those indicted by the Taipei District Prosecutors’ Office were ACE Exchange founder David Pan (潘奕彰), his business partner, Lin Keng-hong

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