Xiamen Procuratorate: Man was sentenced to 11 years in prison for stealing and selling virtual currency for a profit of more than 1.6 million yuan

the Xiamen procuratorate public account revealed that a certain man surnamed Chen was sentenced to 11 years for stealing and selling virtual currency for more than 1.6 million yuan. It is reported that Chen fabricated the lie of the account dropping offline, used this to deceive victims of various verification codes, continuously transferred the virtual currency in Hong's account to his own account through real-time verification codes, and then quickly sold these virtual coins for a profit of more than 1.6 million yuan, all of which were used to repay personal debts. After trial, the court sentenced Chen to eleven years in prison for theft and imposed a fine.