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U.S. Sanctions MiraclePlus, Shanghai Zhisuan for AI Theft

By Drooid · Oct 21, 2026, 6:24 AM UTC · How we work

Summary

Story summary

The U.S. State Department sanctioned Shanghai Zhisuan Technology, MiraclePlus, and three affiliates for AI trade-secret theft linked to Linwei Ding.
China’s commerce ministry publicly opposed the U.S. sanctions on the five firms.
MiraclePlus denied investing in Zhisuan and said sanctions were imposed without prior notice.
The sanctions could freeze the firms’ U.S. assets and trigger banking restrictions.

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Story summary

The U.S. State Department sanctioned Shanghai Zhisuan Technology, MiraclePlus, and three affiliates for AI trade-secret theft linked to Linwei Ding.
China’s commerce ministry publicly opposed the U.S. sanctions on the five firms.
MiraclePlus denied investing in Zhisuan and said sanctions were imposed without prior notice.
The sanctions could freeze the firms’ U.S. assets and trigger banking restrictions.