fbevents
로고와 STAT 라이브
STAT 라이브

"Chinese Court Rules Cryptocurrency Futures as Gambling… Promoters and Employees Also Guilty"

Source
Minseung Kang
공유하기
  • 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."

publisher img

Minseung KangholderBadgeholderBadge dark

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