[Tianshui Court Handles Case Involving Laundering of Virtual Currency Proceeds: Defendant Sentenced to Two Years and Four Months for 'Cash Withdrawal Errands'] Deep Tide TechFlow reports that on April 4, the People's Court of Qinzhou District, Tianshui City, Gansu Province recently heard a criminal case involving cash withdrawal services related to virtual currency. The defendant, through a 'high-paying errand' part-time job, knowingly withdrew a total of over 390,000 yuan in fraud proceeds within seven days in surveillance blind spots. The funds were then converted into virtual currency and transferred to an upstream accomplice, earning a profit of 21,500 yuan. The court found the defendant guilty of the crime of concealing and disguising criminal proceeds and sentenced them to two years and four months in prison, along with a fine of 10,000 yuan, and ordered the return of illegal gains. The judge emphasized that offline cash withdrawals have become a critical step in laundering proceeds from telecom fraud. Activities such as 'cash withdrawal errands' and 'high-paying daily settlements' are often part of fraud chains. The public is advised to remain vigilant against behaviors like collecting cash, transferring funds, or assisting in moving money to avoid becoming accomplices to crime.