Taiwan’s ACE Exchange Founder and Associates Face 20-Year Prison Sentences in Fraud and Money Laundering Case

Taiwan’s prosecutors are recommending 20-year jail sentences for 4 suspects, together with ACE Change founder David Pan, in a fraud and cash laundering case involving the cryptocurrency buying and selling platform. The case, which concerned 32 people, resulted in over 1,200 victims and an estimated lack of 800 million New Taiwan {dollars} ($24.56 million). (Learn Extra)



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