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Chongqing concluded an appeal case involving the use of the new method of "Internet + virtual currency + logistics and mail" to sell drugs, and the d

Chongqing concluded an appeal case involving the use of the new method of "Internet + virtual currency + logistics and mail" to sell drugs, and the d

CointimeCointime2024/10/27 03:23
By:Cointime

According to China's anti-drug public account the Fifth Intermediate People's Court of Chongqing recently concluded an appeal case involving the sale of drugs using a new method of "Internet + virtual currency + logistics and mailing". The defendant received funds more than 1,200 times through virtual currency accounts; after transferring the received virtual currency through multiple layers, it was withdrawn to their Alipay, WeChat, and bank cards, totaling more than RMB 400,000. The Fifth Court of Chongqing held that the first-instance sentence was appropriate, which convicted the defendant Zhang for drug trafficking and money laundering and sentenced him to eight years in prison and a fine of RMB 100,000.

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