The blockchain conference in Shanghai was interrupted by a police visit. This is reported by CoinDesk.
A one-day event called Global Fintech & Blockchain China Summit 2018 was organized by PTP International and was due on April 12th.
About noon local time, the first part of the event was interrupted by the police, and all visitors and organizers were asked to leave the premises. The second part of the conference was canceled also.
According to the information on the conference website, several program speeches were to be delivered, panel discussions and presentations of financial structures, government and crypto-currency projects were held.
Although the official reasons for the breakdown of the event are not called, there are rumors that investors who lost large sums on the ICO, representatives of which also attended it, complained to the police.
We are still investigating the reasons of the halt. And so far the explanation offered by the police is due to security risk. We are working on a solution regarding how to make up for event attendees. The conference is in compliance with the regulation in China and does not feature any ICO roadshow.
PTP International, Organizers
The organizer claims that this information is not true, and the conference was conducted in compliance with all Chinese laws.