Four people in Guizhou were sentenced to prison terms ranging from seven months to one year and one month for profiting 2,300 yuan by exchanging U coins for cash offline

ChainCatcher news, the official account of the Intermediate People's Court of Anshun City, Guizhou Province disclosed a case. The court of Guanling Autonomous County publicly tried and sentenced a case of concealing and hiding criminal proceeds. The four defendants helped others transfer criminal funds by exchanging "U coins" for cash with the victim, profiting a total of 2,300 yuan. After the trial, the court of Guanling Autonomous County found that the actions of the four defendants constituted the crime of concealing and hiding criminal proceeds, and sentenced them to penalties ranging from seven months to one year and one month, along with fines.