Wuhan police cracked a virtual coin "coin-cutting" fraud case and recovered 200,000 yuan in losses.

According to Gate News bot, Wu Shuo reported that the police in Qingshan District, Wuhan successfully solved a virtual coin trading fraud case. On April 11th, the victim Mr. Liu conducted an offline virtual coin transaction with suspects Ye and Li in Qingshan District. During the transaction, after Mr. Liu completed the transfer, the suspects claimed they had not received the payment and refused to pay 200,000 RMB.

The police confirmed through technical analysis that the virtual coin had been credited. In the face of the police investigation, the suspect attempted to use legal and virtual coin-related knowledge to resist, but ultimately confessed when the police presented conclusive evidence. The case ultimately recovered all losses for the victim, Mr. Liu.

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