A criminal gang was sentenced to imprisonment for illegally profiting over 10 million yuan using "contract speculation" as bait

According to the official account of the Danzhou People's Procuratorate, a criminal gang invested in virtual currency in the form of "contract speculation" to obtain a high return as bait, illegally absorbing more than 10 million yuan of public deposits, a huge amount, which was prosecuted by the Danzhou People's Procuratorate for the crime of illegally absorbing public deposits. After examination, the People's Procuratorate of Danzhou City believes that the behavior of the criminal gang has violated the Criminal Procedure Law of the People's Republic of China, and has been found to constitute a joint crime of illegal absorption of public deposits, and has been sentenced to fixed-term imprisonment and a fine.