Police in Brazil have busted a purported Bitcoin investment scheme that allegedly stole $359 million (1.5 million reais) from victims. According to a statement issued by the Paraná state government, state police shut down the unnamed operation and arrested nine people. A four-month investigation revealed 500 people from across six states — Paraná, Bahia, Minas Gerais, Paraná, Maranhão, and Amapá — had fallen victim to the Bitcoin investment scam, but it is estimated the figure could rise to 5,000 people. “It became apparent that the operation was a scam when the victims received a message from the company, telling them…
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