According to a report by the "People's Daily", the public prosecution in the Haidian zone of Beijing revealed that a former employee of a short video platform named "Feng" conspired with foreign traders, by leaking internal data and making false statements, to obtain 140 million yuan in compensation. After receiving the stolen money through fake companies, it was converted into Bitcoin and the money was laundered using the "Coin Mixing" method, with part of the funds being converted back to his controlled account. Feng and 7 others were sentenced to imprisonment ranging from three to fourteen years and six months with a fine, and 90 Bitcoin were recovered.

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