Supreme People's Procuratorate: Crack down on criminal activities using virtual currencies to illegally transfer assets abroad in accordance with the law

Reprinted from panewslab

01/14/2025·24days ago

PANews reported on January 14 that according to Jinshi, the National Prosecutor General Conference held on January 13 emphasized that prosecutorial agencies will increase the intensity of punishing money laundering crimes and crack down on criminal activities that use virtual currencies to illegally transfer assets abroad in accordance with the law. The meeting emphasized the need to severely crack down on financial crimes. Strictly crack down on illegal fund-raising, loan fraud, financial fraud, market manipulation and other financial crimes in accordance with the law, and always maintain a high-pressure posture in punishing financial crimes involving a wide range of people, and strive to build a solid bottom line for financial security and stability. Give full play to the role of the procuratorate in the China Securities Regulatory Commission, improve and implement the mechanism for handling securities crime cases, and promote the stable and healthy development of the capital market. We must work together to prevent and resolve financial risks. Actively promote and improve the connection mechanism between administrative law enforcement and criminal justice in the financial field, and strengthen the joint efforts to prevent risks, strengthen supervision, and promote development.