130 Malaysians lose RM30 million to crytocurrency investment scheme - News Summed Up

130 Malaysians lose RM30 million to crytocurrency investment scheme


KUALA LUMPUR: Eager to get rich quick, some 130 people reportedly lost RM30 million after getting involved in a cryptocurrency investment scheme over the past three years. “This is a new trend in cheating... these 130 victims were the ones who have lodged complaints with PPIM. Eager to get rich quick, some 130 people reportedly lost RM30 million after getting involved in a cryptocurrency investment scheme over the past three years. (File pic)Nadzim said PPIM urges Bank Negara Malaysia (BNM) and CyberSecurity Malaysia to draw up laws which would tackle issues involving cryptocurrency. “Right now, what we know is that BNM and CyberSecurity are monitoring websites involving cryptocurrency investment but there is nothing else they can do,” he said.


Source: New Strait Times May 24, 2018 11:03 UTC



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