BTCC (company)

[2] The Stanford computer science graduate, whose brother Charlie founded the cryptocurrency Litecoin, previously worked for Yahoo!

[5] In September 2017, BTCC announced it would cease all trading, reacting to Chinese authorities banning initial coin offerings (ICOs) one week prior.

[6] Later in January 2018, BTCC was acquired by an unnamed Hong Kong–based blockchain investment fund with the intent to move its operations out of China.

However, on August 18, 2022, it was reported that BTCC was among 16 foreign cryptocurrency businesses that lacked the proper registration to operate in South Korea.

An intelligence unit of the Financial Services Commission reported the businesses to the nation’s investigative body and asked other agencies to block access to the firms’ local websites.