Home Authors Posts by The Standard

The Standard

40b yuan Chinese crypto scam involving Malaysia, Cambodia cracked

China's Ministry of Public Security recently announced it cracked down a transnational internet pyramid scheme involving transactions of digital currencies such as bitcoin. It is the first known scheme of its kind and involved over 40 billion yuan in digital currencies, state media reported.

Malaysian gamblers make up bulk of NagaCorp’s Cambodia casino

Mike Ngai, chief operating officer and chief marketing officer of hotel and casino operator NagaCorp (3918), said business in Cambodia was less impacted by the coronavirus outbreak in China.