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On May 21, #USDT , according to reports from Ping An Wuhan, the Wuhan Qingshan police recently successfully solved a virtual coin trading fraud case, recovering 200,000 yuan in losses for the victims. The criminals implemented the fraud by using the "coin cutting" method, which involved falsely claiming they had not received the virtual coins transferred by the victims and refusing to pay the agreed-upon RMB. Currently, two suspects have been criminally detained in accordance with the law.