ChainCatcher message, according to the official WeChat account of the Supreme People's Procuratorate, the Supreme People's Court and the Supreme People's Procuratorate (the "Two Highs") have released typical cases of punishing the concealment or hiding of criminal proceeds and the crime of benefiting from criminal proceeds in accordance with the law, accurately identifying crimes carried out using means such as virtual currency. The case "An certain individual and others concealing and hiding criminal proceeds" has been selected; in this case, the three defendants helped criminals transfer a large amount of funds on a digital currency trading platform and used funds transferred from others' bank card accounts to purchase virtual currency. It was verified that the victims were defrauded of more than 500,000 yuan, with serious circumstances, and all three defendants were sentenced to fixed-term imprisonment and fined.