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Bitcoin scam that cost Upper Peninsula man $665K sparks arrest

Original: Bitcoin scam that cost U.P. man $665K sparks arrest, charges

A man in Michigan's Upper Peninsula lost $665,000 to a Bitcoin scam, and an arrest has now been made with charges filed in connection with the fraud. Authorities say the case highlights the growing toll of cryptocurrency investment scams on individual victims in the region.

Why now: The arrest and charges bring a high-dollar local crypto fraud case back into the news.

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• Bitcoin scam that cost U.P. man $665K sparks arrest, charges · The Detroit News

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