Hangzhou Police Allegedly Search Web3 Devs’ Devices – Is a Nationwide Crackdown Imminent?

BTCC / BTCC Square / Global Cryptocurrency /

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2025-06-10 19:02:02

Unverified reports of police investigations targeting crypto professionals in Hangzhou have sparked debate within China''s Web3 community. Mirror Tang, founder of ZEROBASE, claimed authorities informally summoned developers and examined their devices using forensic tools—focusing on token issuance, fundraising, and operational roles. No formal warrants were issued.

Jack Kong countered these assertions, suggesting isolated incidents tied to fraud prevention rather than a coordinated crackdown. The lack of official confirmation has left the industry divided, with some accusing Tang of unnecessary alarmism. Hangzhou''s status as a tech hub adds weight to speculation about regulatory trials.

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