4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections

Cointelegraph

Published Jun 10, 2020 08:46AM ET

Updated Jun 10, 2020 10:20AM ET

Around 4,000 Chinese bank accounts of cryptocurrency traders have reportedly been frozen by local law enforcement.

According to a June 8 report by 8BTC, police froze the bank accounts of thousands of over-the-counter (OTC) traders from the Chinese province of Guangdong.

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