Cango to sell PRC business for $351.9M

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The identities of legal counsel handling the deal remain undisclosed at this time, leaving an air of intrigue around the finer legal machinations of this high-stakes maneuver.

Cango’s strategic exodus from China is more than just a corporate reshuffling—it’s a high-risk, high-reward bet on the future of cryptocurrency. As traditional industries face disruption, Cango is tearing up the rulebook and forging a new path in the digital frontier. The only question that remains: Will this audacious gamble pay off?