Popular Chinese NFT platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China's Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should not exceed 50,000 RMB. (Read More)
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NFT Platform iBox Fined 400000 RMB for Violating China's Anti-Unfair Competition Law
![NFT Platform iBox Fined 400000 RMB for Violating China's Anti-Unfair Competition Law]()
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June 21, 2023
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