PANews|10月 15, 2026 02:23
[Fuzhou Jin'an District Procuratorate Discloses Three Cases Involving Virtual Currency]
According to Haixia.com, the Fuzhou Jin'an District Procuratorate disclosed three cases involving virtual currency.
First, Liu Moujia and others, despite knowing the funds were proceeds from telecom fraud, established a "liquor purchase cash-out + USDT transfer" money laundering channel, transferring a total of 210,000 yuan. They were sentenced to three years and seven months and one year and five months in prison, respectively, for the crime of concealing and disguising criminal proceeds.
Second, Zheng Mouyi and others carried out a "black eats black" robbery under the guise of offline USDT transactions. They sprayed pepper spray on merchants and robbed over 40,000 USDT. Five individuals were sentenced to prison terms ranging from five years and seven months to ten years and four months for the crime of robbery.
Third, Wang Moumou illegally raised over 6.28 million yuan from more than 30 people under the pretense of "guaranteed high returns from mining with computing power," causing losses of over 3.48 million yuan. He was sentenced to three years and four months in prison for the crime of illegally absorbing public deposits.
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