Odaily Planet Daily News Yichun Gao'an police successfully destroyed a fraud gang that used virtual currency to launder money under the guise of "making friends and investing". After investigation, the suspect Yao used the reason that "bank transfers are easily blocked" to induce investment by exchanging virtual currency offline after withdrawing cash, and collected the fraudulent money by exchanging virtual currency offline, and then transferred the fraudulent funds to the online to illegally obtain rewards. The amount involved was as high as more than 4 million yuan. (Jiangxi Public Security Public Account)