Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express
China’s elderly are joining crypto tapper cults, WazirX faces fraud probe and asset freeze, Do Kwon’s flight home delayed again: Asia Express
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The Chinese online community has been complaining that their parents are becoming obsessed with cult-like cryptocurrency mining groups that are scamming the nations elderly, local finance outlet Blue Whale Finance () reports.
The so-called mining apps related to the schemes are simple, even for the technically illiterate. They require participants to rapidly tap phone screens to accumulate points, as well as complete daily tasks like watching videos and ads.
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Author: Yohan Yun
