Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Police detains crypto exchange executives over cheating

December 28, 2022 Reprints

The Hong Kong police has arrested Liang Haoming, former executive at now-defunct crypto exchange Atom Asset Exchange, and ex-chief executive Thor Chan on charges of defrauding users, while a third executive is on the run with $30 million worth of crypto assets, FinanceFeeds reports citing HK01. Authorities accused them of claiming there was a system upgrade glitch as an excuse to delay customers from withdrawing assets amid liquidity issues.

Help

Police detains crypto exchange executives over cheating

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources