TechFlow news, on December 19, according to the official account of the Criminal Investigation Bureau of the Ministry of Public Security, the Leqing City Public Security Bureau in Zhejiang Province cracked a cryptocurrency telecom network fraud case. The suspect induced the victim to invest 3 million yuan to purchase cryptocurrency and instructed the victim to hand over the money to so-called "money mules" under the pretext that "large amounts require offline transactions," while also coaching her on how to respond to police inquiries. In reality, the alleged cryptocurrency platform was entirely fake, and accounts were completely unable to withdraw funds. It is reported that the 3 million yuan in cash has been recovered, and two involved "money mules" have been lawfully subjected to criminal compulsory measures. The case is currently under further investigation.
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