Gate News: On March 10, Prosecutor General Yin Yong of the Supreme People’s Procuratorate delivered the work report of the Supreme People’s Procuratorate to the Fourth Session of the 14th National People’s Congress. The report states that by 2025, efforts to combat money laundering will be intensified, with 3,259 people prosecuted for crimes involving virtual currencies, underground banks, and other methods. Additionally, criminal activities related to telecommunications and online fraud will be依法惩治, with 69,000 people prosecuted.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Korean Counterfeit Gang Sells Fake Diplomas for Cryptocurrency, Starting at $200
A Korean counterfeit gang is selling forged documents via Telegram, accepting cryptocurrency and digital gift cards. They offer fake diplomas, licenses, and other legal documents, highlighting the role of cryptocurrency in facilitating anonymous transactions for illicit services. Arrests for forgery have nearly doubled in South Korea from 2021 to 2023.
GateNews1h ago
Hong Kong Police Warn of 'AI Quantitative Trading' Crypto Scam, Woman Loses HK$7.7 Million
Hong Kong police revealed a cryptocurrency fraud where a woman lost HK$7.7 million to scammers posing as investment experts via Telegram, promising high returns through AI trading. The police warned the public of the risks associated with cryptocurrency investments.
GateNews5h ago
Galaxy Research Chief: U.S. OFAC Sanctions List Involves 518 Bitcoin Addresses
The U.S. Treasury's OFAC sanctions list includes 518 Bitcoin addresses that have significantly engaged in crypto transactions, currently holding about 9,306 BTC valued at $707 million, highlighting the relationship between cryptocurrency and financial regulation.
GateNews11h ago
Chainalysis Details 'Shadow Crypto Economy' Exposure as Grinex Suspends Operations
Grinex’s shutdown is intensifying scrutiny of crypto laundering tactics, as fund movements suggest behavior inconsistent with typical enforcement actions. Chainalysis analysis highlights patterns that raise questions about whether the activity aligns with a conventional external hack or
Coinpedia20h ago
SEC Crypto Shift Clarifies Rules Without Blanket Approval
The SEC has adopted a more lenient stance on crypto regulation, allowing some interfaces to operate without broker-dealer registration, but has not given blanket approval for the industry. Recent guidance clarifies how crypto assets are categorized, emphasizing that federal securities laws apply mainly to digital securities. Enforcement activity has decreased as the agency focuses on fraud and market integrity.
CryptoFrontier20h ago
Polish Parliament Fails to Override President's Veto on Crypto Law; PM Alleges Russian Interference
Polish lawmakers failed to override President Nawrocki's veto on a cryptocurrency regulation bill aimed at aligning with EU standards. Tensions rise as accusations emerge of Russian influence in a major crypto exchange amid liquidity issues and lack of regulation.
GateNews04-18 12:41
