‘OTC King’ Zhao Guilty of Unauthorized Crypto Operations, Says Chinese Legal Authority
10 months ago
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Source: Pexels China’s Supreme Procuratorate has reportedly disclosed the details behind the seven-year prison sentence given to the founder of the over-the-counter (OTC) crypto trading desk RenrenBit, Zhao Dong. In a press release on December 27, the Chinese legal authority revealed that the convictions were related to illegal business operations and unlicensed foreign exchange transactions. […]
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