Express

Chinese Crypto Fitness App Reportedly Being Investigated For Fraud

Ramsey Baker

Summary: Qubu, the Chinese cryptocurrency fitness app, is being placed under investigation for illegal fundraising practices and finical fraud, according to a report from the Nikkei Asian Review on Dec. 18. The Market regulator in Changsha, the capital of Hunan province, is investigating the app which promised to reward users with their digital coin “candies” in ...

Qubu, the Chinese cryptocurrency fitness app, is being placed under investigation for illegal fundraising practices and finical fraud, according to a report from the Nikkei Asian Review on Dec. 18.

The Market regulator in Changsha, the capital of Hunan province, is investigating the app which promised to reward users with their digital coin “candies” in exchange for being active. The candies could then be traded for cash or used to unlock app features.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Chinese Crypto Fitness App Reportedly Being Investigated For Fraud   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 10 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 26 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.