
Foresight News|Aug 27, 2025 06:50
[Two High Courts Release Typical Cases of Concealing Criminal Proceeds: Three Sentenced to Imprisonment and Fined in a Virtual Currency Case]
Foresight News reports, according to the official WeChat account of the Supreme People's Procuratorate, the Supreme People's Court and the Supreme People's Procuratorate ('Two High Courts') have released typical cases of crimes involving the concealment and disguise of criminal proceeds and their gains, accurately identifying crimes committed using methods such as virtual currencies. The case of 'An Moumou and Others Concealing and Disguising Criminal Proceeds' was selected. In this case, the three defendants assisted criminals in transferring large amounts of funds on a digital currency trading platform and used funds transferred into their bank accounts by others to purchase virtual currencies. It was verified that the victims were defrauded of a total of over 500,000 yuan. Due to the severity of the circumstances, all were sentenced to fixed-term imprisonment and fined.
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