Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

China prosecutors charge USDT fraud as fraud, not contract fraud

NewsFeeds update

Prosecutors in Xuzhou, Jiangsu, charged Wang and others with fraud over a scheme that took RMB 1.2m from a victim in the name of buying USDT, rejecting a defence claim of contract fraud. The prosecutor said virtual currency trading is banned financial activity and falls outside the contract fraud offence.

RegulationPANewsAIBearish

Read the original on PANews

More Regulation updates

  1. Lummis says CLARITY Act would have given better tools on Binance theft

    RegulationOdailyAIBearish

  2. Binance says investigation found further intrusion points in systems and hacked laptop

    RegulationOdailyAIBearish

  3. TRM says 34 Cambodian casinos took in $1.07bn in crypto, 64% to OFAC-linked networks

    RegulationPANewsAIBearish

Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.