Polícia chinesa prende 1.100 pessoas acusadas de lavagem de dinheiro por criptomoeda
The Chinese police have arrested more than a thousand people, having previously accused them of money laundering.
Chinese police conducted the fifth raid as part of the national campaign against money laundering in the country. The work resulted in 1,100 arrested citizens and the liquidation of 170 organizations, followed by charges of using cryptocurrencies for money laundering.
China's Ministry of Public Security announced the success of Operation Card Breaking on WeChat. According to the ministry, the number of cases of fraud in the field of telecommunications has increased significantly in China recently. Criminals often use previously stolen or simply fake SIM cards, as well as other people's bank accounts to access the accounts of their owners. Then the funds are “distilled” into the equivalent of digital currencies and “disappeared from the radar” of the local police.
The Chinese security forces, in turn, claim that sometimes they still manage to track the chain of transactions for, particularly large amounts, resulting in national raids. They are now seeking to improve security by tightening surveillance of commercial banks and black markets where cybercriminals sell SIM cards and citizens' bank accounts. Beijing, as well as two large provinces Hebei and Shanxi, became the most "in demand" among fraudsters.