Bitcoin24h $68,982.10+2.76%

Ethereum24h $2,126.06+3.40%

XRP24h $1.34+1.96%

BNB24h $599.12+1.01%

Solana24h $81.80+1.66%

TRON24h $0.3180+0.02%

Dogecoin24h $0.0924+1.41%

Hyperliquid24h $37.03+3.04%

UNUS SED LEO24h $10.11+0.21%

Cardano24h $0.2568+4.15%

China executes 11 ringleaders of pig butchering scam compound

China has executed 11 members of the Ming mafia family which oversaw the Crouching Tiger Villa scam compound in Myanmar.

China is sentencing pig butchering scammers to death

China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months.

Donald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations.

Reports claim that China wants to issue a yuan stablecoin, but it is not clear how that is compatible with its goals.

Wild rumors of a crypto ban in China started on Telegram and reached millions via Elon Musk’s X account. Thing is, it was fake news.