China shuts down 105 websites, 989 social media accounts over crypto speculation
China’s internet watchdog on Tuesday said it had intensified a crackdown on illegal online information that may lead to speculation and fraud involving cryptocurrency.
According to the Cyberspace Administration of China, the move since early this year was aimed at protecting people’s property.
While urging leading online platforms to fulfill their responsibilities in presenting content, the administration shut down 989 accounts on Weibo, WeChat and Baidu’s online community service, which misled internet users to invest in cryptocurrency, as well as virtual or digital assets.
The administration, in joint efforts with other competent authorities, also closed 105 websites hyping cryptocurrency or releasing information concerning cross-border speculation on and mining of cryptocurrency.
While pledging continuous efforts to curb illegal activities involving digital currency, the administration also cautioned internet users against cryptocurrency speculation.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Mr Babafemi said among those arrested was a cripple, Ibrahim Yusuf, 45, in possession of 4kg of the psychotropic substance.
Mr Aruwan the troops recovered one AK47 rifle, one magazine with 22 rounds of ammunition and a motorcycle.
Mr Zulum stated this on Sunday in Maiduguri while inaugurating the 887-member APC Campaign Council in the state.
The governor announced the appointment of Teslim Igbalaye as the Secretary to the State Government (SSG).
Mr Omotunde said the electronic voting system would allow the will of the people to prevail in the choices of who becomes their leader.