The domestic operation and maintenance and money laundering chain of an overseas porn website was seized, and those involved in the case were sentenced for using virtual currency to launder money

Comparing news, the People's Court of Mingshan District, Ya'an City, Sichuan Province recently handed down a verdict on a criminal case involving a new type of cybercrime involving cross-border manipulation and the use of virtual currency to launder money.

According to the investigation, the overseas porn website Shy Shy Man's capital turnover reached more than 12 million yuan. Domestic suspects Zhong Muhong, Zhong, and Zhong Moujie were responsible for the operation and maintenance of the website. The people involved in the case, Tang Mouchuan, and his wife transferred most of the funds to his wife and brother Li Mouwu after receiving the stolen money. An account under Li Mouwu's name received a total of more than 8.6 million yuan of stolen money, and some of the stolen money was exchanged for virtual currency and handed over to overseas investors to transfer out of the country. Currently, the court has each sentenced the five defendants, including Zhong Muhong, to fixed-term imprisonment or suspended sentences ranging from 1 year to 3 months to 2 years and 6 months, as well as fines ranging from 30,000 yuan to 100,000 yuan. (Xinhua Daily)