«There was yet another set of
illegal fund withdrawals under one week between January 8and 16, 2015, where the sum of N1.5 billion was released in three tranches of N300m, N400m and N800m respectively.
In fact, Beijing has come out to say that ICOs are an
illegal means of raising
funds for a company.China has also made a point to pursue further steps to stop customers from withdrawing bitcoin earlier this year while also letting them resume
withdrawals earlier this summer.