The post China Cracks Down: RenrenBit Founder Zhao Dong Sentenced in Crypto Sweep appeared first on Coinpedia Fintech News In a landmark decision, China’s Supreme Procuratorate has delivered a decisive blow against illegal cryptocurrency operations. Zhao Dong, a prominent figure in the crypto world and the founder of RenrenBit, has been sentenced to a seven-year prison term. This verdict comes from charges of running illegal business operations and engaging in unauthorized foreign exchange trading. …
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
