The Supreme People's Court of China reported a significant increase in cybercrime cases over the past five years, with 9,326 cases involving 22,000 individuals, marking a 158.5% rise compared to the previous five-year period. The report, presented by Chief Justice Zhang Jun at the National People's Congress, highlighted stringent measures against crimes involving virtual currencies, such as money laundering and illegal foreign exchange transactions, as part of efforts to curb illegal cross-border fund transfers.
China's Supreme Court Reports Surge in Cybercrime Cases, Targets Crypto-Related Offenses
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