According to Haixia Net, the Jin'an District Prosecutor's Office in Fuzhou, Fujian recently disclosed three cases involving virtual currency crimes. In March 2025, Zheng Mouyi and others used the guise of offline USDT over-the-counter transactions to collect over 340,000 yuan for trading with virtual currency merchants. After the merchants transferred over 40,000 USDT, they attacked the victims with pepper spray and stole the transaction funds. The other two cases involved laundering 210,000 yuan of telecom fraud proceeds through the purchase of Wuliangye liquor and USDT transfers, as well as illegal fundraising of over 6.28 million yuan under the pretense of virtual currency cloud mining. All individuals involved in these cases have been sentenced, with the mining investment fraud causing direct losses of over 3.48 million yuan to investors. https://www.(wublock123.com)/news/fuzhou-prosecutor-discloses-three-cases-of-virtual-currency-crimes-involving-robbery-and-illegal-fundraising-totaling-628-million-yuan-70099