Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

The operation used domestic accounts to receive and transfer funds while exploiting the anonymous, borderless characteristics of over-the-counter virtual currency trading to exchange between the yuan and South Korean won. Users included Korean purchasing agents, e-commerce firms and import/export companies, among others, according to the report.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 16,229
Markets: 1,197
Marketcap: $ 3.49 T
24h Vol: $ 179.73 B
BTC Dominance: 54.99%