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RE: From being put to death in China, to being jailed for 20 years in Colombia...

in #ico7 years ago

They take financial crimes seriously in China

I use Localbitcoins here in China. A good way to bypass the controls on the official bitcoin exchanges

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You could not withdraw from chinese bitcoin exchanges for a few months
https://www.bloomberg.com/news/articles/2017-06-01/china-s-largest-bitcoin-exchanges-to-again-allow-withdrawals

Also they have lots of influence in Bitcoin becuase of the large number of bitcoin miners here

https://www.nytimes.com/2016/07/03/business/dealbook/bitcoin-china.html

What are the controls like, I am not familiar with them?