Shanghai People's Procuratorate: Risks of using "virtual currency" to transfer assets across borders are prominent
On June 12, 2024, the Shanghai People's Procuratorate released the "2023 Shanghai Financial Prosecution White Paper". The "White Paper" shows that in 2023, the number of financial crime cases and suspects in Shanghai continued to show a slight downward trend while operating at a high level. Illegal fundraising crimes accounted for 70% of financial crimes, new types of financial investment fraud crimes showed a double "upgrade" in terms of fraud methods and means, manipulation of the securities market became the main type of securities crime, there were cases of financial fraud in key areas, and innovative methods were used for foreign exchange and illegal payment settlement crimes. The risk of using "virtual currency" to transfer assets across borders was highlighted. (CCTV News)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Dominance Nears Peak Amid Bearish Divergence
![](https://img.bitgetimg.com/multiLang/image/social/225be8c12831b6325c40d486382b137e1725755405996.jpg)
Top 5 Decentralized Protocols: Unparalleled Innovations in the Crypto Space
![](https://img.bitgetimg.com/multiLang/image/social/5f8d8e8c87ee028496ff318240f8e9dc1725755405787.jpg)
Justin Sun Announces Major Update for Tron (TRX)
Tron (TRX) founder Justin Sun signaled an important change for the altcoin in his statement.
Warren Buffett’s Crypto Gift from Justin Sun Surges 1,000% in Value by 2024
![](https://img.bitgetimg.com/multiLang/image/social/d7215344ad2c6159afe786d833a13f3a1725746405107.jpg)