Ministry of Public Security: Electric fraud groups use new technologies such as blockchain and virtual currency to upgrade their criminal tools, and the offensive and defensive confrontations continue to intensify

On July 27, according to the surging coverage, the Supreme People's Procuratorate, the Supreme People's Court, and the Ministry of Public Security jointly held a press conference on "punishing cross-border electronic fraud crimes according to law and protecting the legitimate rights and interests of the people". Zheng Xiang, deputy director of the Criminal Investigation Bureau of the Ministry of Public Security, said that fraud groups use blockchain, virtual currency, AI intelligence, remote control, shared screens and other new technologies and new formats to continuously update and upgrade their criminal tools, and the confrontation with public security organs in communication networks and transfer money laundering continues to intensify.