South Korean Businessman Loses US$2.3 Million in Bitcoin-Fiat P2P Scam

South Korean Businessman Loses US$2.3 Million in
Bitcoin-Fiat P2P Scam

An offline peer-to-peer exchange of bitcoin to fiat turned sour for a South Korean businessman after it emerged that the euros he had swapped for his cryptocurrency holdings were fake. According to Agence France-Presse (AFP), the Singapore-based South Korean businessman who runs a cryptocurrency firm intended to exchange the bitcoins worth approximately US$2.3 million for

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Colman Ma
Colman is a technology writer covering gadgets and general tech trends. Colman is a geek at heart and loves anything that has a chip in it.

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