South China pornography website operators and money laundering chain busted, those involved sentenced for laundering money through virtual currency

Odaily Planet Daily News The People's Court of Mingshan District, Ya'an City, Sichuan Province recently issued a verdict on a cross-border, new-type online pornography case involving money laundering through virtual currency.

Investigations revealed that the overseas adult website "Shame Shame Se Man" had financial flows exceeding 12 million yuan. The domestic suspects, Zhong Mouhong, Zhong Mou, and Zhong Moujie, were responsible for the website's operation and maintenance. After receiving the illicit funds, the involved suspect Tang Mouzhuan and his wife transferred the vast majority of the money to his wife's younger brother, Li Mouwu. Accounts under Li Mouwu's name received over 8.6 million yuan in illicit funds, part of which was exchanged for virtual currency and handed over to overseas financiers to be transferred out of the country. Currently, the court has sentenced five defendants, including Zhong Mouhong, to fixed-term imprisonment ranging from one year and three months to two years and six months, or given them suspended sentences, along with fines ranging from 30,000 yuan to 100,000 yuan. (Xinhua Daily)