CoinWorld.net, February 26 — Wang Bin, Head of the Criminal Division III of the Supreme People's Court, stated at the press conference on "The People's Court's Lawful Crackdown on Telecom Network Fraud and Property Crimes" held by the Supreme Court on February 26 that moving forward, courts will focus their crackdown on key figures in criminal groups, core members, the "moneybags" behind telecom fraud, "snakeheads" organizing illegal crossings, organizations providing armed protection for cross-border telecom fraud crimes, as well as violent crimes such as intentional homicide, intentional injury, kidnapping during telecom fraud cases, and related crimes involving virtual currencies and underground banks for "money laundering."

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