The Supreme People’s Procuratorate said it intensified probes into self-laundering and third-party laundering, citing a Chongqing case in which more than 48 million yuan was moved through virtual currency.
China’s Supreme People’s Procuratorate said prosecutors stepped up investigations into money laundering tied to drug crimes, targeting both self-laundering and third-party laundering while also pursuing asset recovery. From January 2025 to May 2026, more than 1,200 people were charged in drug-related money laundering cases, the agency said. It also highlighted a Chongqing case in which Li Moubo laundered more than CNY 48 million through virtual currency and was sentenced to death. The disclosure shows Chinese authorities continuing to scrutinize crypto-related channels in criminal finance cases as part of wider anti-drug enforcement.