does anyone else think china is doing this on purpose? they always like to tank the price of shit like they did back around march for bitcoin before they "relax" their rules.
> china is doing this on purpose
No they stumbled randomly on the keyboard and it happened.
It just happen
>>3354391
No, the government accidentally banned ICOs. What are you a fucking moron?
Binance forced their hand. Binance and neo's plan (the two are VERY closely linked) was to be the exchange and platform for chink scamcoins that the Chinese government couldn't touch because binance is based in Hong Kong. There are hundreds of scammers there already waiting for the green light to be offered. The conference in Beijing that was cancelled which hongfei was to be the speaker of note showed just how big a problem these scamcoins were ready to become.
I can guarantee you that hongfei is currently being given a very strong talking to by the Chinese authorities right now. They have ways of getting their citizens to do as their told without going through the courts as most communist regimes have notoriously done. They do not want to let these snakes out of the box.