The Daily Hodl - Taiwan prosecuters are charging executives of the ACE crypto exchange with defrauding investors of millions through a manipulated token scheme

https://dailyhodl.com/2024/04/28/crypto-exchange-executives-and-29-other-people-accused-of-running-24560000-fraud-scheme-in-taiwan-report/amp/

Taiwan is cracking down on a crypto scam allegedly run by the founders and executives of the ACE exchange.

Prosecutors accuse them of defrauding over 1200 people of $24.5 million.

The founders are suspected of manipulating the exchange's prices to attract investors and then preventing them from withdrawing their money.

Beware of crypto scams!!