China: Police Investigating EtherDelta Over Alleged Exit Scam, Report

Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, founding partner at blockchain-focused investment firm Primitive Ventures. New Chinese owners allegedly used EtherDelta for exit scam ICO Wan’s tweets indicate that the alleged exit scam involved the sale of native exchange asset EtherDelta Token ( EDT ) […]

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