The Public Security Bureau of Haixi State in Qinghai Province has uncovered a case of money laundering using virtual currency, involving more than 50 million yuan

According to BlockBeats, on September 13, the Public Security Bureau of Daqaidan Committee of Haixi Prefecture in Qinghai Province successfully detected and broke a criminal gang involved in the fund flow of more than 50 million yuan. The gang used overseas chat software to connect with each other, and specialized in providing money laundering services for telecom fraud and online gambling. Using digital virtual currency, third-party payment, running platform and other ways, constantly changing money laundering methods. At present, the 5 arrested suspects have been escorted back to Qinghai, and the follow-up examination and other work are continuing to follow up.