TREE NEWS update: Shanghai police have cracked a massive underground bank that used cryptocurrencies for cross-border currency exchange, involving over 20 billion yuan (~$2.8 billion). The operation highlights ongoing regulatory crackdowns on crypto-related financial crimes in China.
Shanghai Police Bust $2.8B Crypto Underground Bank
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
US Judge Allows Pentagon to Fire Three Stars and Stripes Journalists
4h ago
US judge extends ban on new mail-in voting rules
4h ago
Meta sued over smart glasses biometric data collection
4h ago
X wins early round in trademark fight over Twitter revival
5h ago
Crypto-related US stocks dip 0.08%, week up 12.05%
5h ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone