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The company was founded in 2017 in China but moved its servers and headquarters out from the nation ahead of time in the Chinese authorities's ban on copyright trading in September 2017.

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copyright has become the topic of lawsuits and challenges from regulatory authorities during its heritage. Subsequently, copyright continues to be banned from working or requested to stop functions in certain nations around the world, and has been issued fines. It check here has been alleged that copyright could possibly be utilized like a funding mechanism for terrorist groups. In November 2023, the organization pleaded guilty within a U.S. federal courtroom to funds laundering, unlicensed income transmitting, and sanctions violations.

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