🚨Breaking news, college students are sentenced for issuing new coins!
Yang Qichao, a college student born in the 2000s, issued a virtual currency called BFF on an overseas public chain. He was jailed for withdrawing the LP liquidity pool.
On February 20, 2024, the People's Court of Nanyang High-tech Industrial Development Zone, Henan Province, found Yang Qichao guilty of fraud at the first instance and sentenced him to 4 years and 6 months in prison and a fine of 30,000 yuan.
The procuratorate accused him of issuing fake virtual currency. After others were misled to recharge 50,000 USDT coins, Yang Qichao quickly "withdrew funds", causing others to lose 50,000 USDT coins. His behavior constituted fraud.
Yang Qichao said, "I just took back the points that others cut from me. I was cut a lot."
Brother, you have such knowledge at a young age, that's unacceptable. There is no limit to your potential when you grow up!
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$BTC $XRP $DOGE
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