According to data from China’s National Anti-Fraud Center, authorities identified and took action against more than 380 criminal groups allegedly engaged in shady activities such as running misleading promotions and virtual currency money-laundering in the first half of this year. Anti-Fraud Center officer Zhang Shuo said wire fraud had become the fastest-growing crime. From January to May, 114,000 cases were solved nationwide, and more than 14,000 criminal gangs faced punishment. Crypto-related scams and other fraud using high-end technologies were a key focus, according to Beijing Business Today. Crypto-scams are a worldwide problem. According to the Cryptocurrency Scam Report , published...