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Taiwan jails BitShine crypto exchange ringleader for 22 years in $39 million fraud
A Taiwanese court has sentenced the ringleader of the fraudulent BitShine cryptocurrency exchange to 22 years in prison for orchestrating a $39 million fraud. The defendant led a criminal organisation that operated under the guise of BitShine, which was previously registered with Taiwan's Financial Supervisory Commission (FSC). The case is one of the most prominent crypto fraud prosecutions in the region.
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