Yes, seriously. It amazes me how people don't have the slightest care about the millions of btc and ltc frozen on chinese exchanges all bought at significantly reduced prices relative to the western markets.

Some say that's because it's uncertain whether or not they will have access to these coins again but I believe it's because they can get away with corruption easier and they have frozen the market to hedge a short against western markets which are essentially giving away free money to them. A large volume is frozen which means it will move in large chunks once it becomes available. It's not like if 2-3k btc were frozen. It's 2-3 million.