Supreme Prosecutor's Office Investigates Two Cases of Personal Information Related to Virtual Currency Settlements, Involving Over 9.4 Million Yuan

The Supreme People's Procuratorate has released typical cases involving two personal information black and gray market cases related to the cryptocurrency industry. In the first case, Wang and 11 others established a chain to pay for purchases abroad using virtual currency, selling information such as citizens' household registration, property status, and whereabouts, with an amount involved exceeding 1.98 million yuan. The court sentenced each defendant to prison terms ranging from three years and six months to eight months, along with fines. In the seventh case, Lin and 21 others, under the guise of recruitment, illegally obtained over 870,000 pieces of personal information of job applicants through online recruitment platforms and by bribing human resources personnel from companies, selling it abroad for profit. The illegal gains were settled in virtual currency and then exchanged for RMB, with an amount involved exceeding 7.46 million yuan. The court sentenced each defendant to prison terms ranging from five years and three months to six months, and ordered them to bear civil liabilities such as public interest damage compensation.

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