On August 10, A & A company falsely claimed to have bought a Chinese Yunnan cryptocurrency mining company and defrauded more than 700 local investors in Singapore to invest 6.70 million yuan. Wang Xinghong, the CTO from China, was sentenced to five years in prison for participating in this "Ponzi scheme" and earning more than 130,000 yuan. The case revealed that the defendants' accomplices included a man named Yang Bin. Yang Bin established A & A Blockchain Innovation Pte Ltd (referred to as A &...