Taiwanese prosecutors are recommending a 20-year prison sentence for four suspects, including ACE Exchange founder David Pan, in a fraud and money laundering case involving the cryptocurrency trading platform. The case, which involved 32 individuals, resulted in more than 1,200 victims and an estimated 800 million New Taiwan dollars ($24.56 million) in losses. (Read more)
Taiwan’s ACE Exchange Founder and Associates Face 20-Year Jail in Fraud and Money Laundering Case
By FirstNewsWeb
