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ICO Scammers in China May Face ‘Decades in Prison’, Police Investigates EtherDelta

Reportedly, Chinese investors in EtherDelta have been accused of “a major scam.’ EtherDelta was a crypto trading platform founded by Zachary Coburn in July 2016. The platforms allow the trading of Ethereum and ERC-20 tokens. Notably, the launch of the exchange happened during the period when ICOs and ERC-20 tokens were creating a lot of hysteria.

Reportedly, Chinese investors in EtherDelta have been accused of “a major scam.’ EtherDelta was a crypto trading platform founded by Zachary Coburn in July 2016. The platforms allow the trading of Ethereum and ERC-20 tokens. Notably, the launch of the exchange happened during the period when ICOs and ERC-20 tokens were creating a lot of hysteria.