Whoever from the western world who has bitcoins or funds in Chinese exchanges is getting what they were looking for.
After years of faking trades, faking volumes, pumps and dumps , problems with the government, the banks if you're really trading there ... sorry to say but you deserve it.
Who's gonna crash first bitfail or notokcoin?
True that. I even wonder why western people would use any chineese exchanges.
![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
Like if not any other exist... Is there any advantage to use those instead, other than liking to risk their funds. It will be the last place i could going for.
And i don't think it is related to AML KYC problems, as is saying @Red-Apple, otherwise it would have happened long before. If it is i guess we will see a sow ball effect
In really doubt that some of people out of china are using the chinese exchanges, it would not be smart at all, especially after past bitcoins regulations in that country.
I also dont think that there was fake trades or fake volumes, in my opinion it is more that the china market was really big, however the panic in there could be overwhelming for these people.
Thing that is very interesting for me, is how the People's Republic of China goverment will react if people basically has lost their money, but stashed on this exchange in bitcoin.
I assume they will just ignore the problem, and pretend like nothing really happened, and no one has lost any money.