Chinese Authorities Arrest Over 1,100 People in Crypto Crime Crackdown


Chinese Authorities Arrest Over 1,100 People in Crypto Crime Crackdown

Chinese authorities are upping their crackdown on all things crypto by arresting more than 1,100 people suspected of using these digital tokens for money laundering. The news comes courtesy of a Wednesday Wechat post from China’s Ministry of Public Security, which oversees law enforcement throughout the country.

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Tags: Science, Crime, China, Fraud, Software, Bitcoin, Xi Jinping, WeChat, Cryptocurrencies, Blockchains, Money Laundering, Digital Currencies, Ministry of Public Security, Bitcoin Network, Payment Systems

Source:  https://gizmodo.com/chinese-authorities-arrest-over-1-100-people-in-crypto-1847071279




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