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TheBlock 2019-11-21 15:52:07

Binance’s Shanghai office shut down following police raid, sources say

Quick TakeBinance’s Shanghai office shut its doors following a recent police raid, sources told The BlockMany of the exchange’s executives and around “50-100 employees” worked at the office, said sourcesThe Shanghai government recently conducted a probe of cryptocurrency-related activities, while Binance also made its ambition to return to the Chinese market clear in recent months

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