College student in China sentenced to 4 years in prison for $300k rug pull in crypto

Denis Omelchenko

A Chinese university student has received a prison sentence of over four years for what appears to be the first case of fraud involving crypto liquidity withdrawal in China. Yang Qichao, a college student, has been sentenced to 4.6 years…

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College student in China sentenced to 4 years in prison for $300k rug pull in crypto