Cyberspace Administration of China, the central internet regulator for the People's Republic of China, has closed down more than12,000 accounts – primarily on the Sina-owned Weibo platform and Baidu Tieba. It has also ordered the deletion of more than 51,000 posts have been deleted and 105 websites were pulled offline.
Agency has stated that they will continue crackdowns on Illegal financial activities linked to crypto (crypto related scams).