Three days after Chinese regulators outlawed cryptocurrency fundraising in early September, a woman met with half a dozen individuals at a Beijing golf club to pitch a digital-currency investment opportunity. Over an hour and a half, the woman, who introduced herself as Ms. Zhang, said she represented a logistics company that was selling a new investment, one that could help buyers get up to a 40-fold return on their money in two to three years, according to an audio recording of the presentation reviewed by The Wall Street...

Source: Wall Street Journal October 04, 2017 09:22 UTC