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China Student Given 4 Years Prison Sentence In First Crypto Fraud Case

2025-07-03 17:29:37

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In a groundbreaking case that has drawn significant attention in China, a college student named Yang Qichao has been sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for “fraudulently” issuing a cryptocurrency called BFF on the Binance’s BNB Chain. The case, which took place at the People’s Court of

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