TechFlow News, December 10 — The Shanghai Public Security Bureau held a press conference to announce the recent resolution of a major case involving illegal operation of overseas futures trading. In Shanghai, eight criminal groups involved in software development and illegal operations were dismantled, with over 90 suspects arrested. Meanwhile, the authorities have requested the Ministry of Public Security to launch a nationwide "Cloud Action" targeting 49 illegal operation groups across multiple provinces, involving over 70 billion yuan in illicit funds nationwide. This case marks the first nationwide instance where comprehensive crackdowns were carried out against all illegal operation networks by targeting the trading software platform. (CCTV News)
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