2026-04-04 08:16:36
Gansu Tianshui Court Tries a Cryptocurrency Money-Laundering Case: Defendant “Picked Up Cash as a Runner” Sentenced to Two Years and Four Months for 390k Yuan
A court in Qinchou District, Tianshui, Gansu, tried a case of virtual currency money laundering. The defendant withdrew more than 390k yuan using a “high-paying errand runner” method, converted the funds into virtual currency, and earned profits of 21.5k yuan. The court sentenced him to two years and four months in prison and fined him 10k yuan. The judge reminded the public to stay alert against participating in cash withdrawals and transfers, so as not to become an accomplice to crime.