【Shanghai police dismantle a virtual currency account trafficking gang that assisted foreign fraud in transferring funds, 11 arrested】According to Jincai Finance and Guangming Online, the Shanghai Pudong police recently successfully dismantled a criminal gang that used 'labor recruitment' as a pretext to transfer funds for foreign fraud groups. The gang recruited individuals to register virtual currency wallets, providing illegal fund circulation accounts for fraudulent activities. On April 13, a citizen, Mr. Tang, received a text message about a 'cash on delivery' package and contacted the sender to cancel the delivery. The sender requested him to provide his bank card information and sent a link. After clicking the link, Mr. Tang entered his bank card number, verification code, and other information as required, only to find that his bank account had been debited, resulting in a total loss of over one million yuan, leading him to report the incident to the police. After receiving the report, the police quickly formed a special task force to investigate and identified the criminal gang led by Miao and Wang. From April 22 to 23, the police conducted a unified operation in Qingpu District, arresting 11 suspects involved in the case. Investigations revealed that the gang sold the virtual currency accounts registered by the recruits to foreign fraudsters for a price of 40 to 50 yuan each, used for money laundering. Currently, the main suspects Miao and Wang have been criminally detained, and several other suspects have been subjected to criminal coercive measures in accordance with the law. The case is still under further investigation, and the police have frozen and recovered part of the funds involved in the case.