PANews reported on February 26 that Wang Bin, Director of the Third Criminal Division of the Supreme People's Court, stated at a press conference held by the SupremePANews reported on February 26 that Wang Bin, Director of the Third Criminal Division of the Supreme People's Court, stated at a press conference held by the Supreme

The Supreme People's Court stated that the next step will focus on combating related crimes such as money laundering using virtual currencies and underground banks.

2026/02/26 12:33
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PANews reported on February 26 that Wang Bin, Director of the Third Criminal Division of the Supreme People's Court, stated at a press conference held by the Supreme People's Court on February 26 regarding the "Work of People's Courts in Punishing Telecommunications and Internet Fraud and Property Crimes According to Law" that the courts will focus their next efforts on cracking down on ringleaders and core members of criminal groups, "financial backers" of telecommunications fraud, human smugglers, organizations providing armed shelter for cross-border telecommunications fraud, as well as related crimes such as intentional homicide, intentional injury, kidnapping, and money laundering using virtual currencies and underground banks during telecommunications fraud.

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