This is the saying 'Knowing there are tigers in the mountains, yet walking toward the tiger's mountain'
A typical case of wash money crimes utilizing the characteristics of virtual currency. The four defendants are held criminally responsible due to their subjective awareness and objective assistance in transferring funds.
Note:
The four defendants were fully aware that the U coins they were trading were proceeds of crime (such as telecom fraud proceeds), yet they still helped transfer funds through 'exchanging U coins for cash'.
Being aware that it is proceeds of crime and the profits generated from it' is the subjective requirement for this crime, without needing to specifically know the type of upstream crime.
Everyone should also pay attention and be vigilant against being scammed
