Topic

China's ponzi scheme
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  • The microblogging giant said it removed the user accounts under the Cyberspace Administration of China’s latest guidelines
  • Weibo said the results of its rectification efforts will be posted every week
videocam

Nanjing court hands down the prison sentence to Zhang Xiaolei for his role in the illegal fundraising scheme; confiscates 100 million yuan worth of assets.

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