🚨 Dutch man Yang Bin was sentenced in Singapore for a cryptocurrency Ponzi scheme! He lied through A&A Blockchain Innovation that he owned a large number of mining machines and defrauded more than 700 people of a total of 6.7 million yuan. A&A promised a 0.5% profit every day, but actually used new investors' funds to pay old investors. Yang Bin was sentenced to 6 years in prison and fined 16,000 yuan. What do you think of this scam? Chat in the comments! 💬#Blockchain#Cryptocurrency #PonziScam