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August 20: DNC’s Crypto Snub

Daily Crypto News

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Trust Issues: The Risks of Chinese Crypto and Corporate Malfeasance

This chapter examines a scandal where a CEO embezzled funds from his bank through risky crypto investments, resulting in substantial financial losses and the bank's eventual closure. It also delves into the untrustworthiness of Chinese crypto products and the government's crackdown on virtual transactions amidst concerns over money laundering and capital flight.

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