"Chinese Court Rules Cryptocurrency Futures as Gambling… Promoters and Employees Also Guilty"
Minseung Kang
- The Chinese court has ruled cryptocurrency futures as gambling.
- External promoters and employees were also found guilty.
- Most defendants received suspended sentences.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
It is reported that a Chinese court has ruled cryptocurrency futures as gambling.
On the 30th, cryptocurrency specialized media Wu Blockchain reported on X (formerly Twitter) that "the Chinese court has ruled futures trading on cryptocurrency exchanges as gambling. External promoters and employees were all found guilty of opening a gambling establishment."
The media added, "Ultimately, most of them received suspended sentences."

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
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