6 Chinese arrested in Philippines for allegedly stealing 5 million pesos in crypto

6 Chinese arrested in Philippines for allegedly stealing 5 million pesos in crypto


According to the Philippine Business Daily, Philippine police said yesterday that six Chinese citizens were arrested in the Basilan area for allegedly stealing 5 million pesos in cryptocurrency.

The Basilan Police Station Investigation Division Management Office found that they were not involved in the crime and were only employed by the perpetrator, Chen Yi (transliteration). The police are currently looking for Chen, and the six will be handed over to the Chinese Embassy.

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