Svmuu News: The Baoshan District Procuratorate in Shanghai yesterday announced a case in which the defendant, Huang, illegally crossed the border to participate in telecommunications fraud, inducing victims to invest in cryptocurrency. After the Mawaddy Park in Myanmar was shut down, he continued to participate in “pig butchering” scams, Using AI face-swapping and foreign models to communicate, he gained victims’ trust and guided them into cryptocurrency investments. Team leaders would then take over, tricking victims into registering on fake websites, depositing funds, and investing. Ultimately, the court sentenced him to two years and six months in prison for fraud and imposed a fine of 30,000 RMB. (CCTV News)