Chinese Prosecutors Have Indicted Over 150,000 People for Money Laundering Using Virtual Currencies Since 2022
On September 18, TuoniaoX.com reported that officials from the Fourth Procuratorate of the Supreme People's Procuratorate and the Criminal Investigation Bureau of the Ministry of Public Security recently answered reporters' questions regarding the joint supervision of the third batch of cross-border telecom and internet fraud cases. National procuratorial organs have closely integrated their judicial functions, leveraged investigation supervision and coordination mechanisms, intervened early in major and difficult cases, and strengthened case analysis and work consultation with public security organs. Since 2022, they have prosecuted over 150,000 people for backend crimes including money laundering using 'point-running platforms' and virtual currencies.
On September 18, TuoniaoX.com reported that officials from the Fourth Procuratorate of the Supreme People's Procuratorate and the Criminal Investigation Bureau of the Ministry of Public Security recently answered reporters' questions regarding the joint supervision of the third batch of cross-border telecom and internet fraud cases. National procuratorial organs have closely integrated their judicial functions, leveraged investigation supervision and coordination mechanisms, intervened early in major and difficult cases, and strengthened case analysis and work consultation with public security organs. Since 2022, they have prosecuted over 150,000 people for backend crimes including money laundering using 'point-running platforms' and virtual currencies.