Supreme Court Report: Severely punish crimes such as money laundering and capital flight using virtual currencies as a medium, and work together to prevent illegal cross-border fund transfers

According to Mars Finance, CCTV News reports that the Fourth Session of the 14th National People’s Congress held its second plenary meeting today at the Great Hall of the People in Beijing. The Supreme People’s Court Chief Justice Zhang Jun delivered the work report of the Supreme People’s Court. The report shows that over the past five years, 9,326 cases of cyber security crimes have been concluded, involving 22,000 people, representing a 158.5% increase compared to the previous five years (by case number). Crimes such as online rumors, online pyramid schemes, and cyber violence are being punished according to law to promote comprehensive governance of online space security. Two young people maliciously “doxxed” others, illegally obtaining and spreading their private information, and were legally convicted and sentenced. Crimes such as money laundering and illegal cross-border fund transfers using virtual currencies are being strictly punished, with efforts to prevent illegal cross-border capital transfers. It is clarified that drivers who activate assisted driving functions while intoxicated should still bear criminal responsibility, and technological applications must adhere to legal boundaries.