Shanghai Pudong prosecutors uncover a criminal network selling over 1,000 citizens’ location data, generating illegal profits of ¥1.17M through cryptocurrency transactions.
Prosecutors in Shanghai's Pudong district revealed the conviction of four individuals involved in the illegal sale of location data for over 1,000 citizens, generating ¥1.17 million in illicit profits, with penalties ranging from prison sentences of 1 to 3.5 years and fines from ¥40,000 to ¥500,000. The case highlighted the challenges in tracing cryptocurrency transactions used in the scheme but was successfully prosecuted after overcoming these hurdles.