Li Moubo Sentenced to Death for Laundering Over 48 Million Yuan via Virtual Currency
2026-06-25 13:12

Woofun AI reports that the Supreme People's Procuratorate highlighted a significant case involving Li Moubo, who was sentenced to death for laundering over 48 million yuan through virtual currency. This ruling follows convictions for multiple crimes including cross-border smuggling and drug trafficking. Deputy Chief Procurator Miao Shengming noted that authorities are intensifying investigations into 'self-money laundering' and 'third-party money laundering' to recover drug-related assets. Between January last year and May this year, more than 1,200 individuals were prosecuted for drug-related money laundering offenses.

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Miao Shengming
Li Moubo
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