A man in Jersey lost £1.2 million in bitcoin fraud

A resident of Jersey, a British autonomous island, lost his life savings due to a bitcoin fraud. It is reported that the fraudsters continued to deceive the victims for 18 months, and a total of 1.2 million pounds (about 1.5 million US dollars) were defrauded from the victims. Investigators from the UK National Crime Bureau said the funds were unlikely to be recovered.