The Honghuagang Public Security Bureau of Zunyi City has cracked a money laundering case involving virtual digital currency, with an amount exceeding 38 million yuan

ChainCatcher news, according to the Honghuagang Public Security WeChat official account, recently, the "7·09" special investigation team of the Honghuagang Public Security Bureau of Zunyi City, Guizhou Province, cracked a money laundering case using virtual digital currency, involving an amount of over 38 million yuan. The police have taken criminal coercive measures against 20 criminal suspects and escorted them back to Zunyi, seizing 118 mobile phones used in the crime, 3 computers, and 32 bank cards, with the involved amount reaching over 38 million yuan. The case is currently under further investigation.

It is reported that on June 19, the victim, Wu, reported to the police that he was scammed under the pretext of a refund for purchasing concert tickets online, with the involved amount exceeding 38 million yuan. The Honghuagang police identified a gang in Meizhou, Guangdong, that was involved in bank card fraud, as well as a money laundering group in Quanzhou, Fujian, that used virtual currency U coin for transactions.