Wu said that according to the Legal Daily, recently, during the investigation of a case of occupational embezzlement, the police found that the suspects transferred a large amount of embezzled funds to a foreign Chinese account in a short period of time. The Economic Investigation Corps of the Beijing Municipal Public Security Bureau and the Dongcheng Public Security Bureau worked together to travel to many provinces and cities across the country and destroyed an underground money bank gang that committed money laundering crimes through virtual currency transactions. After verification, the main member of the gang, Lv, obtained foreign nationality many years ago. While living abroad, he found that he could transfer RMB from the country to foreign countries and exchange it for foreign currency through virtual currency transactions. Later, Lv, together with Chen and others, used the virtual currency trading platform to assist domestic personnel who intended to transfer funds to buy virtual currency in large quantities, thereby transferring funds abroad. The amount involved was about 800 million yuan.