[Shenyang Police Uncover Cross-Border Illegal Currency Exchange Case Involving Bitcoin, Tether, and Other Virtual Currency 'Mirror Trades'] According to Xinhua News Agency, a tip-off from U.S. authorities regarding a Chinese national, Tong Moumou, suspected of laundering money for drug traffickers, drew significant attention from Chinese police. To uncover the truth, the Ministry of Public Security instructed the Liaoning Provincial Public Security Department to carry out verification work. Tong Moumou and Chen Moumou, who were attempting to flee the country, were apprehended on the spot in Wuhan, Hubei Province. Both individuals were sentenced to fixed-term imprisonment and fined in September of this year. It is reported that Tong Moumou primarily engaged in illegal foreign exchange transactions totaling over 16 million yuan through domestic bank cards using the "mirror trade" method. In certain transactions, Tong instructed domestic personnel to purchase virtual currencies such as Bitcoin and Tether, which were then resold to overseas individuals in exchange for U.S. dollars in cash. During the investigation, police also discovered that some criminals were evading U.S. regulations in areas such as large cash deposits and withdrawals and virtual currency transactions. Communication channels for anti-money laundering cooperation between China and the U.S. have been utilized to provide feedback to U.S. authorities, and a consensus has been reached to strengthen law enforcement collaboration in the field of anti-money laundering.