The Supreme People's Procuratorate's work report revealed that 3,259 individuals were prosecuted for money laundering crimes involving virtual currencies and underground banks in 2025. Delivered by Procurator-General Ying Yong at the Fourth Session of the 14th National People's Congress, the report highlighted intensified efforts to combat money laundering. Additionally, it noted that 69,000 people faced prosecution for telecommunications and online fraud during the same period.
China Prosecutes 3,259 for Crypto-Related Money Laundering in 2025
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