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Despite Crackdown, Ex-Chinese Mafia Raises $750 Million via Mysterious ICO

Despite China’s widespread crackdown on the burgeoning cryptocurrency sector, an influential, organized crime syndicate member seemingly circumvented strict regulations to issue digital tokens– which local reports estimate raised $750 million “in less than five minutes.” Ex-Triad Member Turns to Cryptocurrency On July 15, 2018, South China Morning Post reported on the cryptocurrency activities of Wan […]

Despite Crackdown, Ex-Chinese Mafia Raises $750 Million via Mysterious ICO