Man arrested over alleged role in $91k puppy scam | 9 News Australia

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  • 9 News Australia published this video item, entitled “Man arrested over alleged role in $91k puppy scam | 9 News Australia” – below is their description.

    A man has been arrested over his role in allegedly scamming more than $91,000 from people looking to buy “designer puppies” before laundering the money through cryptocurrency.

    9 News Australia YouTube Channel

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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