The Block: Chinese authorities investigating blockchain-based fitness app Qubu for alleged illegal fundraising
Local authorities in China’s Hunan province are reportedly investigating blockchain-based fitness app Qubu for alleged illegal fundraising practices and financial fraud. Nikkei Asian Review-affiliate KrASIA reported the news Wednesday, saying that Qubu rode the trend of blockchain in China and promised its users some “candies” – Qubu’s virtual currency – in exchange for a task […]
The post Chinese authorities investigating blockchain-based fitness app Qubu for alleged illegal fundraising appeared first on The Block.
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