Video Shows Tanks Protecting Crisis-Hit Banks In Chinawww.ndtv.com/world-news/video-shows-tanks-protecting-crisis-hit-banks-in-china-internet-says-history-repeats-itself-3175812
20 sats \ 2 comments \ @cryptocoin 20 Jul 2022 bitcoin
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0 sats \ 0 replies \ @cryptocoin OP 20 Jul 2022
Here's a separate post, here on SN, that shares a Tweet that shows the video:
CCP uses tank to prevent bank run, we need bitcoin ₿ #47391 https://mobile.twitter.com/AnonOpsSE/status/1549520935098716160 https://nitter.it/AnonOpsSE/status/1549520935098716160 <-- May be easier to view
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0 sats \ 0 replies \ @cryptocoin OP 20 Jul 2022
The locals hit by the banking crisis, one of the worst in recent years in China, claim 40 billion yuan (US $6 billion) in deposits have disappeared and have been protesting demanding acce
They have been told to "wait patiently", SCMP said in a report on Monday. Some of the people with less than 50,000 yuan (US $7,400) received their money last week but others are still waiting.
Chinese authorities said that the banks at the centre of the controversy were taken over by Henan Xincaifu Group through "internal and external collusion" and "illegally" attracted depositors. An investigation into the banking scandal is going on.
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