back to article China arrests over 1000 for using cryptocurrency to help launder proceeds of phone scams

China’s crackdown on cryptocurrencies has reached a new crescendo, with the nation’s Ministry of Public Security on Wednesday proclaiming it has arrested over 1000 people and shut down 170 gangs that provided crypto-linked money-laundering services. The Ministry’s announcement says it detected, and dismantled, gangs that …

  1. Dinanziame Silver badge

    If I was suspicious, I'd say the party leaders have sold all their bitcoins, so it's time to depress the currency so they can buy the dip

  2. Kevin McMurtrie Silver badge

    Remember, kids

    Chinese crime gangs targeting Chinese = bad

    Chinese crime gangs targeting other countries = OK

  3. Pascal Monett Silver badge

    But, but

    They said I would be anonymous !

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