PANews, April 28 - According to the official account of the Sunwu County People's Court, the Sunwu Court is hearing a case involving the laundering of virtual currency through fraudulent over-the-counter trading. The individuals involved used two wallets to transact 30,396,278.76 USDT, engaging in nearly 10,000 transactions with multiple parties. The involved receiving accounts numbered nearly 10,000, with total transaction amounts reaching as high as 120 million yuan. The virtual currency funds they handled were used to gain the victims' trust in seven telecom network fraud cases, transferring money to the victims or directly or indirectly receiving the accounts of the fraudulently obtained funds. The Sunwu Court lawfully convicted the individuals involved of concealing and disguising criminal proceeds, imposing corresponding penalties and fines, and confiscating all their illegal gains.