A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $ 8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives insist their evidence implicates him. Director’s Unsanctioned Use of Funds Discovered […]
Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users
China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able […]
India Reportedly Investigating Binance in Chinese Money Laundering Case
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($ 134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global cryptocurrency exchange Binance had any role in a Chinese money laundering scheme involving betting apps, local […]
Chinese Police Reveals Investigation On Kris Wu Vs. Du Meizhu, Claims She Exposed Him For “Popularity”
Earlier this week, Kris Wu became embroiled in a scandal involving numerous underage girls. Du Meizhu accused the Chinese-Canadian artist of “grooming underage girls, predatory behavior, rape, threats, and harming girls.” In light of the ongoing situation, Kris Wu released a personal statement denying all of the allegations, but Du Meizhu has continued to release […]
Kris Wu vs. Du Meizhu — The Full Timeline Of Events That Has Taken Over Chinese And International Media
Chinese-Canadian soloist Kris Wu is currently embroiled in a scandal where Di Meizhu has accused him of seeking out and grooming underage girls, predatory behavior, rape, threats, and harming to other girls. The situation is still ongoing, with both sides threatening legal action. June 3, 2021 Photos of Kris at a movie theater with a […]
