Summary
[Ministry of Public Security: A large amount of money laundering using the benchmarking platform and the digital currency Tether is the most harmful]Liu Zhongyi, director of the Criminal Investigation Bureau of the Ministry of Public Security, said at a press conference of the State Council Information Office that fraud groups use blockchain, virtual currency, AI intelligence, New technologies and new formats such as GOIP, remote control, and screen sharing are constantly updating and upgrading criminal tools, and the offensive and defensive confrontation with the public security organs in terms of communication networks and transfer money laundering is constantly intensifying and escalating. Liu Zhongyi said that from the perspective of capital channels, the proportion of traditional three-party payment and public account money laundering has been reduced, and a large number of benchmarking platforms and digital currency are used for money laundering, especially the use of USDT (Tether) is the most serious harm.
Liu Zhongyi, director of the Criminal Investigation Bureau of the Ministry of Public Security, said at a press conference of the State Council Information Office that fraud groups use blockchain, virtualcurrency, AI intelligence, GOIP, remote control, shared screen and other new technologies and new formats, constantly update and upgrade criminal tools, and continue to intensify and upgrade the offensive and defensive confrontation with the public security organs in terms of communication networks and money laundering. Liu Zhongyi said that from the perspective of capital channels, the proportion of traditional three-party payment and corporate account money laundering has been reduced, and a large number of benchmarking platforms and digital currency are used for money laundering, especially the use of USDT (Tether) is the most serious harm.
(Article source: Financial Associated Press)