[Dongguan Police Successfully Intercept a Cryptocurrency Investment Fraud, Safeguarding 1.1 Million Yuan in Cash] BlockBeats News, August 9 – Recently, the Hengli Police in Dongguan, China successfully intercepted a cryptocurrency investment fraud case, preventing the loss of 1.1 million yuan in cash just five minutes before an in-person transaction between the victim and the fraudster. According to reports, the victim, Ms. Li (alias), had previously met a stranger online. The individual lured her with promises of an 'exclusive cryptocurrency investment channel,' claiming low barriers to entry and high returns, and fabricated profit screenshots to create the illusion of successful investments. Subsequently, the fraudster persuaded Ms. Li to withdraw 1.1 million yuan in cash under the pretense of needing an 'in-person cash-to-USD exchange for account funding.' Upon identifying the risk, Dongguan police promptly activated their early warning and interception mechanism, dispatching officers to the bank to dissuade the transaction. Ultimately, they successfully prevented the transfer of funds before the deal could take place. (Dongguan Release) [Original Link]