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China police arrest 1,100 in crypto-related crackdown

AGBrief Editorial
By AGBrief Editorial
crypto mining, china

Chinese police have arrested 1,100 people for allegedly using crypto-currencies for illegal purposes such as money laundering and internet fraud.

Beijing is increasing its scrutiny of blockchain and cryptocurrencies, which have been increasingly used by gambling sites.

China arrests 1,100 suspects in crypto-related money laundering (Reuters)

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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