ChainCatcher news, according to Beijing Business Daily, the Ministry of Public Security announced at a press conference on January 10 that as of the end of 2024, more than 53,000 Chinese criminal suspects involved in telecom fraud from northern Myanmar have been arrested, successfully dismantling the "Four Great Families" criminal group in northern Myanmar's Kokang.The Ministry of Public Security pointed out that although the crackdown has been effective, the crime situation remains severe. Fraud groups are continuously upgrading their criminal tools using new technologies such as blockchain, virtual currency, and AI intelligence. These gangs are well-organized and engage in illegal activities such as app development, traffic promotion, and money laundering through cross-border collaboration.Fraudsters customize scam scripts targeting different age groups, professions, and educational backgrounds, resulting in a wide range of victims. Although the telecom fraud parks near the Chinese border in northern Myanmar have been cleared, there are still numerous fraud dens abroad disguised as "technology parks" and "development zones."

ChainCatcher news, according to a report from Reference News Network, the Changhua police announced on the 10th that they have cracked a fraud group led by a man with the surname Lin. This group conducted scams using virtual currency, and after investigation, it was found that 68 people were defrauded, with a total amount of approximately 100 million New Taiwan dollars (1 New Taiwan dollar is about 0.22 Chinese yuan). Nine members of the fraud group have been transferred to the Changhua District Prosecutor's Office for investigation, and two individuals, including Lin, have been approved by the prosecutor to be detained and prohibited from meeting.Zhang Anjin, the deputy captain of the Criminal Investigation Brigade of the Changhua County Police Bureau, stated during a media interview that in September 2023, a man with the surname Zhan went to the police station to report that he had been lured by an online acquaintance to join a social media investment group, where he was required to meet in person to purchase virtual currency with cash, and then transfer the virtual currency to a wallet address provided by customer service personnel of the investment platform. When Mr. Zhan was about to withdraw cash, he was told that he needed to reinvest 10% of the profits as a "tax" in order to withdraw the cash. He realized he had been scammed after losing 3.4 million New Taiwan dollars and reported it to the police.

ChainCatcher news, according to a report by The Paper, the Supreme People's Procuratorate, the Supreme People's Court, and the Ministry of Public Security jointly held a press conference on "Cracking Down on Cross-Border Fraud Crimes in accordance with the Law to Protect the Legal Rights and Interests of the People."At the conference, Zheng Xiang, deputy director of the Criminal Investigation Bureau of the Ministry of Public Security, stated that fraud groups are continuously updating and upgrading their criminal tools by utilizing new technologies and new business models such as blockchain, virtual currency, AI intelligence, remote control, and screen sharing, leading to an intensifying offensive and defensive confrontation with public security organs in areas such as communication networks and money laundering.