Taiwan crypto exchange ACE faces criminal probe over shitcoins

In a striking turn of events, ACE, Taiwan’s largest cryptocurrency exchange, has found itself in the throes of a criminal investigation. This probe, led by Taiwan’s criminal police, centers around allegations of fraud exceeding NT$1 billion. The spotlight of this investigation falls on the promotion and sale of so-called ‘shitcoins’, a term colloquially used to […] source: https://www.cryptopolitan.com/ace-faces-criminal-probe-over-shitcoins/