Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme

A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme. The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives, including the founders....