Filecoin (FIL) Operation in China!

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News of a new operation came from China, known for its bans on Bitcoin and cryptocurrencies.

News of a new operation came from China, known for its bans on Bitcoin and cryptocurrencies.

People who deceived investors with the promise of investing in Filecoin (FIL) in China were punished for illegally embezzling the money they collected.

Authorities in China's Jiangsu Province have busted an illegal fundraising ring involving more than 40 million yuan (about $5.5 million) in cryptocurrency, local Chinese news outlet Yangtse Evening Post reported.

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