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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Details: https://www.gate.com/announcements/article/48693
Wu Shuo learned that the Beijing Higher People's Court released 5 typical cases of punishing telecommunications and online fraud in accordance with the law, including a case of cross-border telecommunications and online fraud using virtual currency investment. The defendant in Chaoyang District, Beijing, lured victims to purchase virtual currency and "invest" on a designated platform through overseas chat software, and transferred the proceeds of the crime via virtual currency. The police stated that the total scam amount of the gang was about 900,000 US dollars (equivalent to over 5 million RMB). The court accurately determined the amount of fraud based on objective evidence such as the salary performance sheet of the involved company, and sentenced Liu to 12 years in prison for fraud, along with a fine.