HomeNewsChinaChina police arrest 1,100 in crypto-related crackdown

China police arrest 1,100 in crypto-related crackdown

June 10, 2021

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)

Last update: 27 September 2021, 05:03 pm

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China police arrest 1,100 in crypto-related crackdown

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