Over $4.2bn Seized in PlusToken Crackdown So Far, Court Documents Show

Nov 30, 2020

While the PlusToken saga is far from over, the latest development in one of the largest Ponzi schemes China has ever seen shows that there’s very little life left in the case. According to the latest reports coming from local news sources and provincial courts, more than $4.2 billion worth of...

Crypto Miners in China Get Their Cards Frozen by the Chinese Government

Nov 18, 2020

Despite the massive state-wide effort to promote the development of blockchain technology, not every aspect of the crypto and blockchain industry in China is seeing the same rate of progress. While cryptocurrency ownership has been somewhat contested in China, the country managed to become the w...

Chinese Courts Leverage Blockchain in over 14,000 Cases

Apr 28, 2019

“14904 pieces of cases was judged after the the court was founded. We have dealt with the cases with the help of AI and blockchain”. According to the report, clients chose to compromise rather than conduct prosecution in the cases which adopted the blockchain technology. The application of b...

Legal Interpretation of Online Payment Rules in China

Dec 12, 2016

Editor’s Note: Author of the article is Liu Chunquan, partner of Shanghai Duan&Duan Law Firm. It offers the interpretation of online tipping or donation under the current legal framework in China from a lawyer’s perspective. The topic evolves around the tipping incident last month...