The Shanghai Pudong District People's Procuratorate has disclosed a case involving an illegal operation related to virtual currency settlements, in which the suspects made illegal profits exceeding 1 million yuan.
Svmuu News: The People’s Procuratorate of Pudong New Area, Shanghai, has disclosed a case involving an underground industry that illegally accessed and sold citizens’ location data. The suspects settled transactions by exchanging virtual currency and profited illegally from these activities. Forensic analysis revealed that over 1,000 pieces of location data were illegally accessed, resulting in illicit profits totaling approximately 1.17 million yuan. The individuals involved have been sentenced to prison terms ranging from three years and six months to one year, along with fines ranging from 500,000 yuan to 40,000 yuan.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Current Status of BUSD (Binance USD): Issuance Halted, Orderly Wind-Down Underway
-
2
Verification of DOGEBLUE Coin Purchase Channels and Long-Term Holding Risk Analysis
-
3
USDT Perpetual Contract Auto-Margin Deposition: Mechanism, Trigger Conditions, and Risks
-
4
What is Computing Power? A Comprehensive Analysis from Concept to Market
-
5
Reviewing Bitcoin's Historical Performance Amid Geopolitical Conflicts: From Flash Crash to V-Shaped Recovery—True Safe-Haven Asset or High Volatility?
-
6
Current Status and Long-Term Investment Value Analysis of TajCoin (TAJ)
-
7
1MIL Token Analysis: Project Positioning and High-Risk Attributes
-
8
What is Cryptocurrency? A Review of the Top 5 Cryptocurrencies by Market Cap in 2026
-
9
DNT Issue Price at 0.1 Yuan? Current Status and Risks of district0x
-
10
What is the value of the JavaScript token? Is it worth a long-term investment?
Markets Today
Recommended Reading










