Reports from Chinese provincial law enforcement agencies seem to show that crypto crime is as yet on the up notwithstanding a nationwide crackdown on crypto and mining claimed in September this year. As indicated by Xinmin, crime related to counterfeit currency is “significantly reduced” in Shanghai, as per authorities who talked at a public conference for the Songjiang Procuratorate. Nonetheless, the Public Prosecution office asserted that criminal cases wherein “perpetrators use virtual currency as a criminal tool” are on the ascent, including new kinds of extortion and “causing greater losses to citizens.” The authority went on, “the exchange” claimed it...