Search the news
Found 16 articles
tagged #virtualcurrency — page 2 of 2
Hunan Police Seize 310g of Gold in "Two Gold" Crypto Money Laundering Scam
Police in Chenzhou, Hunan Province, have successfully dismantled a sophisticated investment fraud scheme known as "two gold delivery cash," resulting in the seizure of 310 grams of physical gold. According to reports re…
China Bans State-Owned Enterprise Leaders From Virtual Currency Gifts
The General Office of the CPC Central Committee and the General Office of the State Council have officially issued the "Regulations on Integrity in Professional Practice for State-Owned Enterprise Leaders," establishing…
Hong Kong Retiree Loses HK$7.6 Million in Triple Crypto Scam
The Hong Kong police have uncovered a sophisticated multi-stage virtual currency fraud that resulted in a 66-year-old retiree losing a cumulative HK$7.6 million over a six-month period. Starting in September 2025, the v…
Xiangtan Court Sentences Eight in 6.84M Yuan Crypto Laundering Case
The Yue'tang District Procuratorate in Xiangtan City has successfully dismantled a sophisticated money laundering operation that utilized virtual currency to disguise illegal proceeds as high-end liquor transactions. Au…
Chinese Police Dismantle Major Virtual Currency Laundering Network
Authorities in the Dezhou district of Shandong province have successfully disrupted a sophisticated criminal operation utilizing digital assets to facilitate illegal fund transfers. The investigation, which originated f…
China Ramps Up Crypto Oversight: 3,259 Prosecuted for Money Laundering
The Supreme People's Procuratorate (SPP) of China has intensified its crackdown on financial crimes involving digital assets, signaling a rigorous shift in the country's regulatory landscape. According to the latest wor…