Crypto lending platform CEO held by Chinese police for presumably illegal activities


Source: cryptopolitan.com cryptopolitan.com

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Not about the crypto lending platform but about illegal operations? Renrenbit’s head of marketing stated that nothing appears to be amiss and comments: All of the [the company’s] staff have turned up for work as usual. Rumour has it that the police are not looking into any possible wrongdoings on the part of Renrenbit. Rather, they are focusing on Zhao Dong’s private activities. Various social media users have laid claims that the case pertains to an “illegal crypto trading operation.” As reported earlier, Zhao Dong is one of China’s renowned over-the-counter traders and the head of the crypto lending platform....