The Beijing Second Intermediate People's Court has sentenced a man named Liu to three years and six months in prison for using virtual currency transactions to launder criminal proceeds. Liu knowingly assisted in transferring 200,000 yuan (approximately $27,000) in USDT, aware that the funds were illicit. In addition to the prison sentence, Liu was fined 40,000 yuan, and the illegal proceeds were recovered. The court emphasized that facilitating the transfer of virtual currency or funds of unknown origin can lead to criminal charges and penalties.