| submitted by /u/PlayfulThroat1
$ 300K equivalent in Yuan. A completely government controlled currency which (likely…it was for me) is required to be deposited in a Chinese bank where you can only access it in certain ways and is only worth what China says it is worth and can be confiscated at any time.
I did business with a few Chinese (national) companies, and I won a (small) award from the Chinese government. In both cases I was required to have a Chinese bank hold the funds. In theory I have about $ 100K in a Chinese bank which I cannot access unless I am on the Chinese mainland.
If you're Chinese, it's a hella deal. Not so much for guizi.
According to the businessman, he asked the CTO to return the bitcoins received with the help of the company's resources and explain the core of the …
Google Alert – bitcoin
The US District Court had a busy week, as a lot of interest was generated on the outcome of the trial of Rohan Chopra. It was once again a Darknet related drug case. Rohan Chopra faces criminal counts for the conspiracy to possess MDMA with the intention of distributing them to buyers.
Chopra pleaded guilty to all criminal counts, and he faces 20 years imprisonment according to the Law….
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