$6B scam accused in court, China loophole for Hong Kong Bitcoin ETFs: Asia Express

There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.

Buy physical gold and silver online

Our weekly roundup of news from East Asia curates the industrys most important developments.

Yadi Zhang, a Chinese national alleged to have scammed over 130,000 Mainland China investors out of 43 billion Chinese Yuan ($5.94 billion) and then laundered the proceeds using Bitcoin, has been apprehended by UK authorities. 

During her appearance at Westminster Magistrates Court on April 20, Zhang indicated through a translator that she intended to plead not guilty to two charges of criminal possession of cryptocurrency. She was remanded in custody.

Read more

About the author

Why invest in physical gold and silver?
文 » A