Alibaba Group Holding Ltd – ADR’snon-fungible token (NFT) marketplaceJingtanhas suspended 680 user accounts for using massage guns and computer software to spam purchases on the platform.

What Happened:Some users used massage guns to carry out rapid and continuous “buy” buttons in order to execute NFT purchases,according to areportfrom Forkast.

Some computer-assisted accounts also created a large number of rapid spam transactions to gain an advantage over those attempting manual clicks.

Jingtan considers these activities “cheating” and in violation of its fair purchasing rules. A representative from the firm told Forkast that the wallets of the suspended users will not be confiscated, but repeat offenders can expect to face “harsher penalties.”

Why It Matters:NFT marketplaces in China continue to see a strong amount of public interest despite the government’s stance on cryptocurrency and virtual assets.

Alibaba andTencent Holdings Ltdhave recently rebranded NFT references to “digital collectibles” in light ofcriticismfrom state-run media outlets.

As such, the tech giants' NFT platforms do not support private buying and selling of NFTs between individual users.

While a majority of NFTs in the west run on public blockchains likeEthereum

ETH, China builds NFTs on a state-run chain called Blockchain Services Network for Distributed Digital Certificates (BSN-DDS).

Price Action:Alibaba shares traded 0.18% higher during the after-market session at a price of $101.11.

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