Beijing police in China arrested a counterfeit currency manufacturing gang known as "00," which used virtual currency for sales

ChainCatcher news, according to a report by China Central Television, Beijing police recently discovered a strange transaction during their work. The transaction involved an image of a counterfeit currency template, and the police determined that the buyer was likely involved in producing counterfeit money. Based on this clue, the police followed the trail and arrested 15 criminal suspects, dismantled 8 counterfeiting dens, and seized more than 2.5 million yuan in counterfeit currency.

It was reported that the suspects in this case were all born after 2000, and some were even minors. They first learned counterfeiting techniques through overseas software, then used printers to produce counterfeit money, and finally sold it using virtual currency for settlement. The suspects not only produced the counterfeit money themselves but also taught counterfeiting techniques to others for profit.