Chinese Beijing police arrested a counterfeiting gang born in the 2000s, who used cryptocurrency for their transactions

By: theblockbeats.news|2025/10/28 16:52:11
0
Share
copy

BlockBeats News, October 28th, according to a report by CCTV News, Beijing police recently discovered a strange transaction during their work. The transaction involved an image of a counterfeit money plate, and the police concluded that the buyer was likely involved in printing counterfeit money. Based on this clue, the police followed the lead, arrested 15 criminal suspects, smashed 8 currency counterfeiting dens, and seized counterfeit money worth more than 2.5 million RMB.

According to the report, all the criminal suspects in this case are post-2000s generation, and there are even minors among them. They first learned counterfeiting techniques through overseas software, then used printers to produce counterfeit money, and finally sold them using cryptocurrency for settlement. The criminal suspects not only produced the counterfeit money themselves but also taught the counterfeiting techniques to others for profit.

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com