Qingdao police jointly uncovered a large-scale underground bank case involving a total amount of 15.8 billion yuan, and captured an acceptor who ille
The Qingdao police in Shandong Province, in conjunction with other authorities, have cracked a major underground banking case involving a total amount of 15.8 billion yuan, spanning 17 provinces and municipalities across the country, and arrested illegal currency exchange dealers. In November 2022, Qingdao police found that the accounts of Jin and others were extremely abnormal, with an average daily turnover of over 3 million yuan and a total transaction amount of more than 2 billion yuan, and that large amounts of funds were being operated at high frequencies throughout the day with abnormal characteristics such as rapid entry and exit. Li is an ordinary employee of a county-level textile enterprise, but the funds flowing through her associated and controlled third-party bank cards amount to more than 5 billion yuan, which is obviously inconsistent with her identity. In this regard, we conducted an investigation around her trading partners and found that Li's other identity was actually a currency exchange dealer specializing in illegal trading of virtual currencies. Li helped Jin exchange large amounts of funds into virtual currencies such as Tether through a virtual currency trading platform overseas. With solid evidence in hand, law enforcement officers launched a crackdown. Qingdao police seized virtual currencies such as Tether and Litecoin worth about 2 million yuan on the spot. The case has been transferred to the procuratorate for review and prosecution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








