A Chinese citizen has been extradited from the Netherlands to the United States on suspicion of cryptocurrency fraud.

A Chinese citizen has been extradited from the Netherlands to the United States and made his first court appearance in connection with a multi-million dollar cryptocurrency scam targeting U.S. citizens. The man is accused of participating in an international investment fraud perpetrated from a Cambodian operation, with victims including 174 U.S. citizens. He has been ordered to remain in custody, and his formal arraignment is scheduled for November 30 in the U.S. District Court for the District of Los Angeles in downtown Los Angeles. (Source: U.S. Department of Justice)