Chinese Blockchain Firm GXChain Raided by Police

Caixin Global | Sep 13, 2019 at 5:34 AM
  • Chinese authorities cracked down on a high-profile blockchain company that provides data services to online peer-to-peer (P2P) lenders.
  • The police in the eastern city of Hangzhou on Wednesday raided and sealed the office of Hangzhou Cunxin Data Technology Co., the operator of blockchain project GXChain.
  • GXChain is known for using data scraping and data crawling to obtain personal credit data from online marketplace Taobao and digital payment platform Alipay.