Shocking!! In a certain area of the country, the public security agency determined in August that certain wall-climbing cryptocurrency trading activities were illegal, and the profits from trading cryptocurrencies were confiscated!!

According to Foresight News, in August this year, a public security agency in a certain area of the country determined that the act of wall-climbing to trade cryptocurrencies was illegal, and the individuals involved were administratively punished, with the profits from trading cryptocurrencies confiscated. The public security agency discovered that Zhang San was using a VPN to unlawfully connect to the internet through non-legal channels, contacting overseas clients in need of purchasing a certain virtual currency through an overseas website, and then using a certain currency on an overseas trading app to buy the virtual currency at a low price, later selling it at a high price, thus engaging in the sale of the virtual currency. Upon being summoned by the public security agency, Zhang San came to accept the investigation. During the operation of the studio, Zhang San illegally profited 90,000 yuan, and the tools used for the crime (eight mobile phones and eight sets of computers) were all provided by Zhang San.

The administrative penalty decision states that Zhang San's actions constituted unlawful use of non-legal channels for internet connectivity. According to Article 6 and Article 14 of the Interim Regulations on the Administration of International Networking of Computer Information Networks of the People's Republic of China, as well as Article 11, Paragraph 1 of the Public Security Administration Punishment Law of the People's Republic of China, it is now decided to order the illegal actor Zhang San to stop the internet connection, issue a warning, impose a fine of 15,000 yuan, confiscate the illegal gains of 90,000 yuan, and seize the tools of the crime: eight mobile phones and eight sets of computers.