Over MVR 2.9M lost to new cryptocurrency scam

22 hours ago

Maldives Police Service, on Tuesday, revealed that over MVR 2.9 million has been lost to a new and sophisticated cryptocurrency scam targeting foreign workers, especially Chinese nationals, in the Maldives. According to the Police, the scam runs on fraudulent cryptocurrency transactions works in the following way: scammers initially approach local cryptocurrency sellers by posing as legitimate clients, convincing them to act