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China’s Supreme Court Targets Illegal Fundraising Via Crypto Transactions

The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000.

Updated May 11, 2023, 6:30 p.m. Published Feb 24, 2022, 4:16 p.m.
China's Supreme Court in Beijing (Rneches/Wikimedia Commons)
China's Supreme Court in Beijing (Rneches/Wikimedia Commons)