OKCoin office in Beijing vandalized amid accusations of fraud

A group of unidentified people broke into cryptocurrency exchange OKCoin’s Beijing office yesterday (October 23) by breaking elevators and smashing doors, according to a post by the company on Chinese microblogging platform Weibo.

OKCoin said the group threatened its staff and vandalized its office. The company called the police, who took the alleged vandals away.

Prior to the incident, OKCoin reported that a group of unidentified individuals had been hanging around its office. The company said the individuals refused to identify themselves, but they claimed that they were OKCoin users. The company speculated that they were hired to disrupt their operations.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom