At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed for Chairman Wang Chen-huan. Token Prices Plummet Taiwanese prosecutors recently indicted at least […]
Source: https://news.bitcoin.com/taiwanese-prosecutors-indict-32-individuals-implicated-in-24-5-million-ace-exchange-fraud-scheme/
