Fuzhou Jin'an Procuratorate discloses three typical cases of virtual currency-related crimes, covering money laundering, robbery, and illegal fundraising.

According to the Fuzhou Evening News, the Jin'an District People's Procuratorate of Fuzhou City recently announced three typical criminal cases involving virtual currencies, encompassing offenses such as laundering illicit funds, violent robbery during offline over-the-counter (OTC) transactions, and illegal fundraising under the guise of "hashrate mining." Several individuals involved have been sentenced in accordance with the law. The specific details of the reported cases are as follows: 1. New-type money laundering case: Suspects facilitated the transfer of 210,000 yuan in telecommunications fraud funds by "cashing out through the purchase of physical baijiu and exchanging it for Tether (USDT) transfers." The two principal offenders were each sentenced to fixed-term imprisonment of three years and seven months, and one year and five months, respectively, on charges of concealing or disguising criminal proceeds.