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Supreme People's Procuratorate: Currently, telecom and internet fraud crimes are rampant, and virtual currency "money laundering" has become a mainstream method

ChainCatcher news, according to Jinshi reports, Du Xueyi, director of the Economic Crime Prosecution Office of the Supreme People's Procuratorate, stated during a guest appearance on the Supreme Procuratorate's director interview event on February 13 that the current situation of telecom network fraud crimes is still severe and complex, with a high incidence.First, the cross-border and monopolistic nature of fraud groups has emerged, with criminals setting up "industrial parks" and "technology parks" abroad, managing and controlling through means such as providing guarantees and armed protection, taking a cut or charging fees to obtain illicit funds, forming large criminal organizations.Second, the methods of fraud are increasingly diverse and complex, with combinations such as "pig butchering + false investment," "gambling fraud," and "fraud and extortion," which are more deceptive and have led to serious violent crimes such as intentional injury.Third, the modules of black industry crimes are becoming more stable, with criminal tools and software being simple and easy to use, resulting in a broader population being drawn into criminal activities. Fourth, the channels for funds are intertwined and concealed, with virtual currency "money laundering" becoming a mainstream method, helping criminals to transfer fraudulent funds in "small amounts and multiple transactions," making it difficult to trace back.

Advertising Time Trace (ATT) will be launched on multiple mainstream exchanges today

ChainCatcher news, the RWA+DePIN+AI project Advertising Time Trace (ATT) token ATT will be listed on major exchanges such as MEXC, Bitmart, and AscendEX starting from December 26, 2024, at 18:00.ATT is a forward-looking Web3.0 application project that builds a new digital advertising ecosystem through its unique DA-AIOT-P (Decentralized Assets - Artificial Intelligence Internet of Things - Payment) mechanism and revolutionary AIGV (AI Generated Value) business application model. It integrates physical advertising assets, advertising e-commerce merchant/user resources, and digital technology, aiming to provide a new Web2 traffic entry for large-scale Web3 applications through AI technology.ATT owns over ten million dollars in 3D outdoor LED advertising assets in places like Hong Kong, Thailand, and Indonesia, has partnered with more than 200 leading advertisers, and collaborated with over 1,000 merchants, generating annual revenue exceeding 20 million dollars. Its first offline flagship store that integrates AI and Web3 will grandly open in Causeway Bay, Hong Kong. The ATT token, as an important part of the ecosystem, will bring consumers and users an unprecedented new shopping and experience model.Currently, the project has received investments from well-known institutions such as Waterdrip Capital, Deepin Labs, Starbase, Ayanna Research, Block Patch, Chainfir Capital, Digitata Capital, and Panda Capital.
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