Supreme Procuratorate Report: 3,259 people will be prosecuted for money laundering crimes using virtual currencies and underground banks starting in 2025

The Chief Prosecutor of the Supreme People's Procuratorate, Ying Yong, delivered the work report of the Supreme People's Procuratorate at the Fourth Session of the 14th National People's Congress, in which he pointed out to strengthen anti-money laundering efforts, prosecuting 3,259 individuals for money laundering crimes using virtual currencies and underground banks. He also emphasized the legal punishment of telecom and internet fraud crimes, prosecuting 69,000 individuals.