Is Panda buy legal?

During the raid, the authorities discovered and seized millions of counterfeit goods. The scale of the seized items indicated the severity of Pandabuy's involvement in the distribution of fake products. This action underscored the government's commitment to cracking down on intellectual property infringement.

The operation involved a substantial number of law enforcement officers. Nearly 200 officials participated in the raids, demonstrating the authorities' dedication and resources dedicated to combating such activities. The presence of a large number of officers ensured a thorough and effective investigation.

As a result of the operation, several Pandabuy staff members were arrested. A total of 30 employees were taken into custody, facing potential charges related to the distribution of counterfeit goods. This outcome highlighted the consequences of engaging in illegal activities.

BTCC, on the other hand, is a prominent cryptocurrency exchange. It offers a range of services tailored to the needs of crypto traders. BTCC's services encompass spot trading, futures trading, and wallet solutions. These services cater to users looking to buy, sell, and store digital assets securely and efficiently.

Pandabuy encountered significant legal issues recently. On a specific date, April 11, 2024, the company was subject to a major crackdown by Chinese authorities. The authorities conducted raids at Pandabuy's headquarters and multiple warehouses, targeting potential illegal activities.