The Supreme People’s Procuratorate of China has announced the prosecution of a significant drug-related money laundering case involving over RMB 48 million laundered through virtual currencies. During a press conference, Deputy Procurator-General Miao Shengming highlighted the comprehensive efforts by procuratorial organs to investigate and prosecute crimes related to both self-laundering and third-party laundering, with a focus on recovering assets linked to drug offenses. From January last year to May this year, more than 1,200 individuals have been prosecuted for drug-related money laundering crimes. In a notable cross-border case, Chongqing procuratorial organs, under the supervision of the Supreme People’s Procuratorate, handled the prosecution of Li Moubo and others, who were involved in smuggling, trafficking, and laundering narcotics proceeds. The individuals laundered over RMB 48 million via virtual currencies and received death sentences for their crimes.