According to reports from Wu, law enforcement agencies in Hong Kong, Macau, and the mainland have jointly acted to arrest 63 suspects allegedly involved in operating a cross-border prostitution ring, with both the mastermind and core members being captured in Hong Kong.
Once the mastermind receives the payment, he will convert it into cryptocurrency, which is then processed through a cryptocurrency account held by the mastermind in Hong Kong. The criminal proceeds are converted into cash through unlicensed cryptocurrency platforms in the mainland.
This cross-border prostitution ring has a dedicated website that publishes detailed information about mainland prostitution groups or individual sex workers.
