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3232UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
https://www.digit.info/uae-to-jail-promoters-of-fraudulent-cryptocurrency-schemes-for-five-years-offenders-to-pay-over-270k-in-fines/
Sun, 26 Dec 2021 20:30:15 +0000https://www.digit.info/2021/12/26/uae-to-jail-promoters-of-fraudulent-cryptocurrency-schemes-for-five-years-offenders-to-pay-over-270k-in-fines/Read more]]>Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New […]