Zhaojun was “taken away” by Chinese police on May 21 with his computers, phones, hardware wallets and mnemonic phrases all confiscated, Multichain said. Since then, the team has had no contact with the boss and has maintained day-to-day operations relying on existing access to servers that had not been revoked and with intermediate assistance from Zhaojun’s sister, who has now also been taken into custody.
Related posts
-
Crypto Whirlwind: Trump’s Policies Collide With Fed Stance as Bitcoin Falls to $95K
On Sunday, Dec. 22, 2024, bitcoin’s price dropped under the $96,000 mark, hitting a low of... -
Over $225,000,000 in Crypto Distributed To Hack Victims of Collapsed Exchange Cryptopia After Years of Waiting
Hundreds of millions of dollars worth of crypto assets are being distributed to hack victims of... -
From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining...