China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds

China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds

“Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China”

Source: Bitcoin News

Bitget KCGI Trading Competition Opens for Registration on October 20

“According to the announcement, the contest has set up a prize pool of 100 BTC and 500 million BGB as well as other custom-made prizes. The post Bitget KCGI Trading Competition Opens for Registration on October 20 appeared first on BeInCrypto.” Source: BeInCrypto

How are Ethereum Futures coping with the market-wide crash 

“The effect of the People’s Bank of China’s latest statement on crypto-services prohibition in mainland China was as expected. The crypto-market came tumbling down as Bitcoin fell by over 5% after the news and Ethereum lost more than 7% of its value in just two hours.  All was going well