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Cryptocurrency scam 'makes more than $2million after ditching investors'

Retrieved on: 2018-03-12 06:18:45

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<div>Scammers reportedly created a fake <b>initial coin offering</b> (ICO) to crowdfund for a startup called Giza, which they claimed would help to develop a device to store cryptocurrencies. The ICO kicked off in January and by February had raised 2,100 Ethereum coins - at the time the equivalent of $2.4million.</div>

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