China 🇨🇳 has been far smarter than the United States 🇺🇸 as it pertains to cracking down on the crypto crime cartels.

In the United States, the crypto 'industry' lobbyists have bought off no small number of politicians, pitching their #griftware as technological progress.

The CCP harbors no such illusions as to the crypto hydra, which is why they love using ransomware and extortion with crypto payments via Bitcoin and $XMR as the medium of exchange.