Report: Hong Kong Bitcoin exchange disappears with £254 million

Sean Pavone / Shutterstock Hong Kong. A Hong Kong Bitcoin exchange has allegedly shut its doors with as much as £254 million of investors’ funds missing, according to a report from CoinDesk. MyCoin offered clients to invest in a contract that would provide a HK$1 million return (£84,823) on a HK$400,000 (£33,929) investment, and even, as the South China Morning Post says, offered additional …

from Google News, Yahoo! News, Wikinews, NY Times National News by search term


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