Fundraising via Cryptocurrency Now Criminalised in China, Offenders Will Face Time in Jail

Residents of China that engage in fundraising activities via cryptocurrencies will now be subject to jail time, if caught. China has banned crypto-based fundraising, making it a criminal offence. Along with prison sentence, violators may also have to pay hefty fines as part of the punishment.

source https://gadgets360.com/cryptocurrency/news/fundraising-cryptocurrency-china-ban-crime-jail-time-2788584#rss-gadgets-all