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Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department

Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department

The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.

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