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John McAfee Said Top Executives From the Major Bitcoin Exchanges Weren't Allowed To Leave China (wsj.com)

An anonymous reader shares a report: China's widening crackdown on bitcoin trading resulted in a travel ban of sorts for two executives from the country's largest commercial bitcoin exchanges, which regulators are closing down. From a report: On Thursday, top executives of two Chinese digital currency exchanges who were scheduled to speak at an industry conference in Hong Kong didn't show up and their sessions were canceled. The event's organizer, a bitcoin-trading firm called Bitkan, didn't provide a reason. The two executives were Lin Li, chief executive of Huobi, and Justin Pan, who the event organizer listed as being the chief operating officer of OKCoin. The two-day conference was originally supposed to be held in Beijing but its organizers last week decided to shift the venue to Hong Kong after Chinese regulators earlier this month ordered digital-currency exchanges to wind down their operations. Software pioneer and former fugitive John McAfee -- a high-profile but controversial character in the bitcoin industry -- told conference attendees on Wednesday that top executives from the major bitcoin exchanges are currently not allowed to leave China.

2 of 96 comments (clear)

  1. If John McAfee said it... by SethJohnson · · Score: 5, Insightful
    I'm sorry, but you lost me when in the headline just after:

    "John McAfee said.."

    The best use of my time and attention is to keep walking down the sidewalk when I hear the delusional rantings of a person probably off his or her meds. No eye contact. Just keep walking.

  2. Is anyone really suprised? by elrous0 · · Score: 4, Insightful

    Did anyone seriously think for a second that a notoriously totalitarian government was going to let an underground currency designed to bypass government authorities continue to be used in their country for long with no repercussions? Shit, even non-authoritarian governments are cracking down on Bitcoin.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.