Through an illegal trading platform, engaging in cryptocurrency transactions with online scammers, Chinese Anhui police conducted inter-provincial pursuit.

BlockBeats News, February 10th. According to China's Anhui Online, the Xinzhan Public Security Bureau in Hefei, Anhui Province, successfully captured a criminal suspect who provided "money laundering" services to a fraud group by buying and selling virtual currency while handling a telecommunications network fraud case through meticulous investigation.

In June 2025, a man in Xinzhan District clicked on a pop-up ad on his mobile phone, casually downloaded a dating app, and was then induced by a fraud group disguising the scam as "fixing his account" to participate in offline dating step by step. He was ultimately tricked into delivering gold at a designated location offline and lost 260,000 yuan.

While investigating this brush order fraud case, Xinzhan Sub-Bureau police astutely discovered a money transfer chain hidden behind the case—a virtual currency "OTC trader" who was clandestinely "whitewashing" the proceeds for the fraud group, suspected of money laundering. Following the fund flow, the police conducted a six-month-long tracking and investigation. Eventually, they successfully identified the criminal suspect Liu and his whereabouts.

On January 15, 2026, the arrest team rushed to Sichuan overnight and captured Liu at his hideout location, bringing him to justice. As the interrogation deepened, the truth of the case gradually emerged. It was found that on June 7, 2025, after selling virtual currency through an illegal virtual currency trading platform, a sum of money involved in the case quietly flowed into Liu's personal bank account, which was part of the money cheated from the victim Cheng. After receiving the proceeds of crime, Liu, fully aware of the suspicious source of the funds, quickly withdrew them to his personal WeChat account, making his actions suspected of concealing and disguising the proceeds of crime.

Liu's illegal activities were not accidental. Since 2020, he has plunged into the field of virtual currency trading, attempting to "get rich quick." To evade regulation, he secretly contacted upstream buyers through overseas chat apps, frequently engaged in virtual currency trading with fraudsters on multiple illegal platforms. Upon interrogation, the criminal suspect Liu readily confessed to the illegal facts, and he now awaits severe legal punishment.