Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

China’s First Crypto Fraud Trial Ends With Student’s 4-Year Prison Sentence

China’s First Crypto Fraud Trial Ends With Student’s 4-Year Prison Sentence


Bitcoinist
2024-06-07 01:00:05

In a groundbreaking case that has drawn significant attention in China, a college student named Yang Qichao has been sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for “fraudulently” issuing a cryptocurrency called BFF on the Binance’s BNB Chain. The case, which took place at the People’s Court of


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.