Coin World News reports that on August 19, according to Guangming Network, Ningbo has cracked a remote ordering "flash delivery Maotai" fraud case involving virtual currency. The defendant carried out fraud against liquor stores, using fake receipts to deceive genuine Maotai and transferring the illicit funds to upstream criminals in the form of virtual currency. The Ningbo Yinzhou District Prosecutor's Office has filed a public prosecution, and the defendant, Zhou, was sentenced to one year and six months in prison and fined for concealing and disguising criminal proceeds. Currently, public security agencies are further investigating the upstream fraudsters.