Wu said that, according to Cover News, on August 25, the Supreme Court held a press conference to release the "Interpretation on Several Issues Concerning the Application of Law in Handling Criminal Cases of Concealing and Hiding Criminal Proceeds and the Income from Criminal Proceeds" by the Supreme People's Court and the Supreme People's Procuratorate. A typical case shows that three people conspired to transfer funds for a telecom fraud group through an online platform for profit; the court believes that knowing that it is the criminal proceeds of others and using means such as virtual currency to assist in the transfer of criminal funds constitutes the crime of concealing and hiding criminal proceeds.