TechFlow News: On May 29, Zhou Mou, a hacker from Quzhou City, Zhejiang Province, was sentenced by a court to four years and four months’ imprisonment and fined for the crime of illegally controlling computer information systems. Zhou exploited security vulnerabilities in websites to illegally control over 150 government and enterprise servers, causing links on websites of 157 organizations to redirect to overseas pornographic websites, and profited by reselling control rights. According to authorities handling the case, Zhou settled his illicit proceeds in virtual currencies such as USDT and TRX and concealed them across multiple cryptocurrency wallets. Authorities subsequently seized assets worth over RMB 42 million via a digital currency tracing system. Additionally, Zhou voluntarily surrendered over RMB 28 million in illicit gains.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
