On September 23, 2022, China's Hengyang County Public Security Bureau held a press conference to discuss "100-day operation" of the summer public security crackdown.
According to crypto reporter Colin Wu who cited Weixin on September 26, nine cases were publicly published and among them was the “9.15” large money laundering gang.
The gang is accused of using cryptocurrency to deal with money laundering of up to 40 billion yuan ($5.6 billion).
In addition, they have also been engaged in over 300 incidents of tele-trafficking.
Money-laundering criminal organization led by Hong Mau was disrupted in an online operation and 93 suspects were arrested.
Criminal punitive action has been placed against 93 people, including Hong Mau, according to the law and the matter is currently being processed.
Despite restrictions on crypto-related services China still among the top ten countries adopting digital assets.