Dutch man arrested for bitcoin mining fraud

A 33-year-old man has been arrested for fraud, forgery and money laundering in the Netherlands, De Gelderlander writes. According to the report, he might have made as much as 2 million euro by running a bitcoin mining scam.

From 2017, the man ran two companies which offered bitcoin miners. He was supposed to run a mining farm, offering to pay customers a return of approximately 0.3 bitcoin per month. However, people allegedly never received their returns.

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