The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently shaken when it was discovered that a U.S. […]
The post Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold appeared first on Bitcoin News.
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