Online shopping for USDT was scammed, and the police in Hunan, China helped recover and return all the involved funds
According to the Hunan Daily, on February 9 at around 8 PM, the public security agency in Baojing, Hunan Province, China, received a report from a victim, Mr. Liu, from another province who had been scammed. He claimed that he was defrauded while purchasing virtual currency USDT online, with a total loss of 100,000 yuan. After receiving the report, the Baojing County Public Security Bureau dispatched a team of elite officers to form a special investigation group and began investigating the case overnight.
The investigating officers used various investigative methods to ultimately identify the suspect as Shi. Upon investigation, it was found that the suspect Shi had no fixed income and did not possess qualifications for virtual currency trading. To defraud others, he collected screenshots of others trading coins online, forged false profit records, and impersonated a senior "coin dealer" to gain their trust. Victim Mr. Liu believed him and transferred 100,000 yuan to the account designated by Shi. After receiving the payment, Shi did not deliver the virtual currency; instead, he used part of the funds for gambling and squandered the rest, splitting and hiding the remaining funds.
The investigating officers quickly identified Shi's identity and activities by accurately analyzing the flow of funds and comprehensively securing evidence related to the case. They decisively acted on the night of the report and successfully apprehended Shi. The next day, the case was officially filed for investigation. After solving the case, the police consistently adhered to the principle of "solving the case and recovering losses equally," patiently conducted legal policy education, and actively mobilized the suspect's family to cooperate in the restitution, ultimately recovering the full amount of 100,000 yuan involved in the case. On the morning of May 14, the 100,000 yuan of fraudulently obtained funds was fully returned to victim Mr. Liu. Currently, the suspect Shi has been subjected to criminal coercive measures for suspected fraud, and the case is under further investigation.
You may also like

The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."

BIS's latest research: The future of stablecoins and the global monetary landscape

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Three years later: Looking back at my judgment of ChatGPT in 2023

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

A Detailed Analysis of "Stock God Serenity" Investment Methodology

Sharplink CEO: The future of Ethereum is unfolding

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Bit Digital CEO: Why I Bought More ETH

A Decade of Three Waves of Stock Tokenization from Bitget's Reality: An Unfinished Financial Exploration

"Hu Run Baifu" Dialogue with Sun Yuchen: A New Paradigm of Value Circulation in the Web3 Transformation Cycle

Is it hackers and regulation that ruined DeFi?

Chris Lee: From crypto OG to heavy investments in the three storage giants, predictions on AI bull market corrections, Web4, and opportunities for the younger generation

Ready for a Walk on the Wilder Side of Proof of Talk 2026? Join WEEX Labs in Paris



