IBOX
Ibox
NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law
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.
