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Key Takeaways

– Law enforcement agencies in Shanghai have infiltrated a crypto pyramid scheme.

– The scheme involved over 60,000 victims and 100 million yuan.

– Chinese authorities have been increasing their oversight of the illegal industry.

Despite ousting the crypto industry from its borders, China has continued to uncover criminal operations related to crypto.

Shanghai Crypto Pyramid Scheme With Over 60,000 Victims Busted ? ZyCrypto comes via ChinaTechNews.com.