Crypto Trader Zhao Dong on Trial Over Online Gambling Cash Laundromat
One of China’s most prominent crypto traders went on trial in the city of Hangzhou this week. He is accused of “assisting internet criminal activities” for his alleged role in the laundering of billions of dollars linked to online gambling and other criminal activities. Zhao Dong, pictured in 2019 at a funding round for his crypto peer-to-peer lending and wallet startup, RenrenBit. (Image: CoinDesk) Zhao Dong is the head of over-the-counter (OTC) crypto-lending platform RenrenBit, and has...
People Bank Harmful To Society Top Crypto Trader China Over Online Gambling Cash Block Crypto Day Up
Source: casino.org