The owner of a certain internet company was sentenced to 9 months in prison and fined 2,000 yuan for secretly selling others' virtual currency to withdraw cash and pay off debts

According to ChainCatcher news, as reported by the Procuratorial Daily, a Hebei court recently sentenced the criminal suspect Zhou to nine months in prison, with a one-year probation, and imposed a fine of 2,000 yuan for the crime of selling someone else's virtual currency.

Due to the failure of his online business, Zhou accumulated a significant amount of debt. Zhou, in collusion with Li, who was involved in robbing others' mobile phones (handled in another case), cracked the password of the mobile phone and the account and password of the environmental currency (virtual currency) platform on that phone. Using online technology, he logged into another person's account through that mobile phone to sell environmental currency for profit, withdrawing 8,442 yuan to pay off credit card debts.

During the investigation of Li's robbery case, the police discovered that the victim had registered a new Alipay account during their disappearance, which led them to Zhou. He was arrested on November 24, 2021, and based on Zhou's confession, they found Li, who committed the robbery. On November 15, 2022, the case was transferred to the procuratorate for review and prosecution. Given that Zhou voluntarily confessed and pleaded guilty, returned all the stolen money, and obtained the victim's understanding, the procuratorate filed a public prosecution for the crime of theft.