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Kong Jianping: The Hangzhou Public Security Bureau has not carried out any special actions against blockchain practitioners.
On June 10, Jack Kong (孔剑平), the founder of Nano Labs, posted on social media stating, "To my knowledge, there have been no special actions taken against blockchain industry practitioners in Zhejiang and Hangzhou, and law enforcement has not taken any action; the cases involved may be related to anti-fraud efforts." Previously, there were community reports that the Hangzhou police were conducting systematic investigations of crypto assets practitioners.