A top recruiter for Adofe International, identified as Mr. Ham, has been sentenced to seven years in prison for his role in a pyramid scheme disguised as a high-return investment. This ruling, delivered in appeal, overturns part of the initial trial's verdict. Mr. Ham's initial sentence was five years. The appeal court increased the sentence and, crucially, found him guilty of receiving funds through virtual assets like Bitcoin and Ethereum. The court stated that even transactions disguised as commodity trades constitute similar reception of funds if their true nature is monetary. This case sets a precedent, demonstrating that virtual assets fall under regulations prohibiting illicit fund reception. It highlights the increasing scrutiny of cryptocurrency in financial crime and serves as a warning to those using digital assets in fraudulent schemes. The accomplices involved also faced conviction in this landmark virtual asset fraud case. ```

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