Wu Shuo learned from Zhong'an News that Hefei Xinzhan Public Security recently cracked a case involving the use of virtual currency to launder money for an online fraud gang, and arrested suspect Liu. The police found that the case originated from a fake order scam, with victims losing 260,000 yuan, some of which was exchanged and transferred by Liu through illegal virtual currency trading platforms. Liu, knowing that the funds were from suspicious sources, still withdrew the involved funds and transferred them into a personal account, suspected of concealing and disguising criminal proceeds. The case is currently under further investigation.

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