The Xinmi County Public Security Department arrested 11 members of a criminal group who were convicted of fraud totaling about 200,000 yuan. A man who became a victim of fraudsters transferred funds to accounts, who promised to pay him three times the compensation in the future.
An unusual detail in the fraud case was that the criminals laundered funds obtained as a result of the illegal scheme using the e-CNY wallet (for digital yuan). This is the first such case with a Chinese CBDC.
According to experts, effective measures are available to the government and law enforcement agencies of the PRC assessment to control financial transactions using digital currency.
