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2026-05-20 04:20:39

JUST IN: Chinese police thwarted a Bitcoin scam targeting a 70s Shanghai man, with authorities warning of widespread elder-focused crypto investment scams using fake profits and “low risk” pitches. $BTC

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IAmHaifeng

· 5h ago

Breaking News: Chinese police have thwarted a Bitcoin scam targeting a man from Shanghai in the 1970s. Authorities warn that cryptocurrency investment scams targeting the elderly are widespread, using false profit claims and "low risk" promotions to lure victims. $BTC

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