In August, a public security agency in a certain area of the country determined that a case of circumventing restrictions to speculate on cryptocurrencies was illegal, and the profits from cryptocurrency speculation were confiscated.
According to Foresight News, in August of this year, a public security agency in a certain area of the country determined that the behavior of circumventing restrictions to speculate on cryptocurrencies is illegal, resulting in administrative penalties for those involved, and the profits from cryptocurrency speculation being confiscated. The public security agency discovered that Zhang San used a VPN to unauthorizedly access illegal channels for international internet networking, contacted clients abroad who needed to purchase a certain virtual currency through a foreign website, then bought a certain virtual currency at a low price on an overseas trading app and later sold it at a high price, thus engaging in the sale of a certain virtual currency. After being summoned by the public security agency, Zhang San appeared and accepted the investigation. During the operation of the studio, Zhang San illegally profited 90,000 yuan, and all the tools used in the crime (eight mobile phones and eight computers) were also provided by Zhang San.
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