Chinese Developer Fined 3 Years' Salary for Using VPN, Airdropped 10 Million e-CNY: Asia Express

OUR weekly summary of news Since East Asia curators THE industry most important developments.

Chinese worker fined $145,000 on VPN

A anonymous individual In China was fined 1.06 million yuan ($144,907) For using A virtual private network (VPN) has to access limit websites as part of A remote work routine For A stranger employer.

According to has local media Since earlier This week, during her job as A consultant between 2019 has 2022, THE anonymous individual accessed GitHub has see source coded, answered questions In customer support, detained teleconferences via Zoom And job several threads on Twitter with THE help of A VPN.

China Digital Times

THE administrative penalty decision discovery that THE consultant used electric equipment "without authorisation For not legal international networking." (China Digital Schedules)

Base on A document issued by THE city of Chengde Police, THE people income won with THE help of A VPN was judge as " product of crime." THE police issued A penalty of $144,097, equivalent has three years of THE people salary.

Chinese law forbidden THE to use of VPN has bypasses THE country "Great Firewall" that blocks popular sites such as Google, Wikipedia And Facebook. THE decision has afraid a lot In China HE And Web3 circles, WHO often rely on on VPN For similar remote work tasks.

City of Hangzhou airdrops 10M digital yuan

THE city of Hangzhou East ten million digital yuan central bank digital currency, value A total of $1.37 million, has encourage food And beverage expenses as he hosts THE 19th Asian Games.

Anybody In THE municipality of Hangzhou, Locals And visitors look alike, can receive THE airdrop For to use In food delivery platforms. People can receive up has three vouchers that repay merchants In digital yuan For up has 20% has 30% of THE value of food items After purchase.

THE airdrop will renew each five days until THE balance East empty. THE vouchers are only effective For five days And can only be tendered through select food delivery platforms. Earlier This year, THE city of Hangzhou dropped by plane 4 million digital yuan, value $590,000, In A effort has booster THE CBDC adoption.

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15 detained on the biggest alleged Ponzi scheme In Hong Kong history

Hong Kong police to have detained 15 people related has THE collapse of cryptocurrency exchange JPEX.

As of Seven. 27, Hong Kong Police they to have received on 2,392 complaints affirming A total loss of 1.5 billion Hong Kong dollars ($191.6 million) In THE apparent Ponzi scheme. From THE investigation began mid-September, police say that they to have grasped HK$8 million ($1 million) In species And frozen bank accounts value HK$77 million ($10 million) suspected of be product of crime.

On Seven. 13, THE Hong Kong Securities & Futures contracts Commission issued A warning concerning JPEX be A without license exchange In It is jurisdiction. THE move directed has several arrests of It is key executives And THE abandonment of It is business stand In Token2049 Singapore. Before has It is collapse, JPEX was A of THE most strongly commercialized crypto Exchanges In Hong Kong, with business ads poster through THE the city Metro lines And taxis.

THE incident East shape up as potentially THE worse Ponzi scheme In Hong Kong historical...

Chinese Developer Fined 3 Years' Salary for Using VPN, Airdropped 10 Million e-CNY: Asia Express

OUR weekly summary of news Since East Asia curators THE industry most important developments.

Chinese worker fined $145,000 on VPN

A anonymous individual In China was fined 1.06 million yuan ($144,907) For using A virtual private network (VPN) has to access limit websites as part of A remote work routine For A stranger employer.

According to has local media Since earlier This week, during her job as A consultant between 2019 has 2022, THE anonymous individual accessed GitHub has see source coded, answered questions In customer support, detained teleconferences via Zoom And job several threads on Twitter with THE help of A VPN.

China Digital Times

THE administrative penalty decision discovery that THE consultant used electric equipment "without authorisation For not legal international networking." (China Digital Schedules)

Base on A document issued by THE city of Chengde Police, THE people income won with THE help of A VPN was judge as " product of crime." THE police issued A penalty of $144,097, equivalent has three years of THE people salary.

Chinese law forbidden THE to use of VPN has bypasses THE country "Great Firewall" that blocks popular sites such as Google, Wikipedia And Facebook. THE decision has afraid a lot In China HE And Web3 circles, WHO often rely on on VPN For similar remote work tasks.

City of Hangzhou airdrops 10M digital yuan

THE city of Hangzhou East ten million digital yuan central bank digital currency, value A total of $1.37 million, has encourage food And beverage expenses as he hosts THE 19th Asian Games.

Anybody In THE municipality of Hangzhou, Locals And visitors look alike, can receive THE airdrop For to use In food delivery platforms. People can receive up has three vouchers that repay merchants In digital yuan For up has 20% has 30% of THE value of food items After purchase.

THE airdrop will renew each five days until THE balance East empty. THE vouchers are only effective For five days And can only be tendered through select food delivery platforms. Earlier This year, THE city of Hangzhou dropped by plane 4 million digital yuan, value $590,000, In A effort has booster THE CBDC adoption.

Read also

Features

Deposit risk: What TO DO crypto Exchanges Really TO DO with your money?

Features

You don't do it need has be angry about NFT

15 detained on the biggest alleged Ponzi scheme In Hong Kong history

Hong Kong police to have detained 15 people related has THE collapse of cryptocurrency exchange JPEX.

As of Seven. 27, Hong Kong Police they to have received on 2,392 complaints affirming A total loss of 1.5 billion Hong Kong dollars ($191.6 million) In THE apparent Ponzi scheme. From THE investigation began mid-September, police say that they to have grasped HK$8 million ($1 million) In species And frozen bank accounts value HK$77 million ($10 million) suspected of be product of crime.

On Seven. 13, THE Hong Kong Securities & Futures contracts Commission issued A warning concerning JPEX be A without license exchange In It is jurisdiction. THE move directed has several arrests of It is key executives And THE abandonment of It is business stand In Token2049 Singapore. Before has It is collapse, JPEX was A of THE most strongly commercialized crypto Exchanges In Hong Kong, with business ads poster through THE the city Metro lines And taxis.

THE incident East shape up as potentially THE worse Ponzi scheme In Hong Kong historical...

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