Chinese Police Reportedly Close Office of ICO Startup By Cointelegraph


Chinese Police Reportedly Close Office of ICO Startup

The offices of Chinese initial coin offering (ICO) startup GXChain have reportedly been closed by the local police.

On Sept. 11, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted a photo of an office taped closed (presumably by Chinese police) and announced that GXChain “got clamped down by the Chinese police.” She also said that she believes the project to be notable and legitimate:

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