Chinese government last September. cryptocurrencies After banning all activities related to cryptocurrencies, it continues its operations related to cryptocurrencies.
Finally, it has been determined that there are approximately 47 thousand members of the Chinese police. Ripple (XRP) caught the gang of scammers.
Stating that the XRP fraud gang has been wanted for a while, the Chinese police seized and arrested 7 people who were stated to be the directors of the XRP gang, in an operation they carried out in Baiyin city of Gansu province.
Police said that the group called “Ripple UnionPay Community”, “Ripple Union Community”, has been talking about various membership packages and reward promises. 8.4 million XRP announced the collection.
XRPs Other items such as phones and computers were also confiscated.
Police said in a statement after the operation:
“We found that the gang in question has been in operation since about March 2021 and recruited members through China’s most used WeCaht app.”
Bitcoin and cryptocurrencies No explanation was given about what the unfriendly Chinese government will do with these seized cryptocurrencies.
In this context, the Chinese government XRPs Whether it will sell or not remains unclear.
*Not investment advice.