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Comment by Animats

Well, we're about to find out if the Bitcoin exchanges in China have all the assets they should. The PBOC told them to stop trading, turn over copies of their records to the PBOC, and refund the balances of their customers. We should know within days which exchanges were stealing customer assets.

The exchange executives were told not to try to leave China.

(Remember Big Vern? Paul Vernon, CEO of Cryptsy. Took the money and fled to Liaoning, China. Started a Bitcoin exchange in China. Wanted in the US. Might be a good time to push through diplomatic channels for the government of China to find and return him. The PBOC investigators may have found him by now.)

parent Animats 9 years ago

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