The Supreme Procuratorate of China has highlighted the emergence of new types of cybercrime facilitated by the metaverse and blockchain technologies. It was noted that cryptocurrency has become a significant field of cybercrime, with cryptocurrency money laundering being identified as a mainstream method for criminals to transfer illicit funds. In response, China's Supreme People's Procuratorate has promised stringent punishment for individuals utilizing these technologies for criminal activities. This announcement is part of a broader crackdown on cybercriminals by Chinese procuratorates, aiming to intensify efforts against crimes associated with the Metaverse and blockchain.
📣 Latest News: Blockchain cybercrimes trigger China's Supreme Procuratorate action #news #cryptonews #crypto
China intensifies efforts against Metaverse and blockchain crimes. https://t.co/T76lXe9kN6
Chinese procuratorates step up crackdown on cybercriminals https://t.co/qSwMHKH42M
China’s Supreme People's Procuratorate promised punishment for criminals utilizing blockchain technology and metaverse projects for nefarious operations https://t.co/UxCG97XCm0
Supreme Procuratorate of China said new types of cybercrime using the metaverse and blockchain are constantly emerging, and cryptocurrency has also become a new field of cybercrime. Cryptocurrency money laundering has become a mainstream method, helping criminals to transfer…