The Taiyuan procuratorate cracks down on virtual currency money laundering cases, and two "accomplices" are sentenced

The Taiyuan Wanbailin District Prosecutor's Office recently successfully handled a case involving the concealment and disguise of criminal proceeds using virtual currency. The suspects, Chen and Li, assisted fraudsters in transferring 1.47 million yuan in cash through the method of "cash → USD → Tether," and the court accepted the sentencing recommendations from the prosecution, sentencing the two to two years and six months and one year and six months in prison, respectively, along with fines.

This case reveals a new type of criminal method involving "investment scams + virtual currency money laundering." The prosecution has joined relevant units to carry out anti-fraud publicity, reminding the public to be vigilant against such covert cross-border fund transfer crimes.