Supreme People's Procuratorate: cracking down on illegal transfer of assets overseas using virtual currency in accordance with the law

According to a report by Jin Shi, the National Prosecutor General Conference held on January 13th emphasized that the procuratorial organs will increase their efforts to punish money laundering crimes and crack down on illegal transfer of assets overseas using virtual currencies in accordance with the law. The meeting emphasized the need to crack down on financial crimes strictly. Strictly crack down on financial crimes such as illegal fundraising, loan fraud, financial fraud, and market manipulation in accordance with the law, always maintain a high-pressure situation to punish financial crimes involving multiple parties, and strive to build a solid bottom line for financial security and stability. Give full play to the role of the procuratorate stationed in the China Securities Regulatory Commission, improve and implement the mechanism for assigning securities crime cases, and promote the stable and healthy development of the capital market. We need to work together to prevent and resolve financial risks. Actively promote the improvement of the linkage mechanism between administrative law enforcement and criminal justice in the financial sector, strengthen the joint efforts of risk prevention, strong supervision, and development promotion.