Supreme People's Court Report: Severely punish crimes such as money laundering and foreign exchange evasion using virtual currencies as a medium, and work together to prevent illegal cross-border fund

PANews reported on March 9th that, according to CCTV News cited by Jinshi, the Fourth Session of the 14th National People's Congress held its second plenary meeting on the morning of March 9th at the Great Hall of the People in Beijing. Zhang Jun, President of the Supreme People's Court, delivered the Supreme People's Court's work report. The report showed that in the past five years, 9,326 cases involving 22,000 individuals related to cybersecurity crimes were concluded, representing a 158.5% increase in cases compared to the previous five years. The report emphasized the legal punishment of crimes such as online rumors, online pyramid schemes, and cyberbullying, promoting comprehensive governance of cyberspace security. Two young men were convicted and sentenced for maliciously doxxing others, illegally obtaining and disseminating their private information. The report also stressed the severe punishment of crimes such as money laundering and foreign exchange evasion using virtual currencies, and efforts to prevent illegal cross-border fund transfers. Finally, the report clarified that drivers using assisted driving functions while intoxicated are still criminally liable, emphasizing that technological applications must adhere to legal boundaries.