PANews reported on March 20 that, according to Huasheng Online, the Yuetang District Procuratorate of Xiangtan City cracked a case involving money laundering through virtual currency under the guise of Moutai liquor transactions, with the amount involved exceeding 6.84 million yuan. In 2023 , Huang proposed a money laundering scheme through "Moutai liquor purchase and sale," Xie was responsible for providing the tools for the crime and tracking the funds, Chen connected with telecom fraud gangs and " U- merchants" through overseas encrypted communication software, and the remaining members assisted in settlement and information transmission. The gang disguised the proceeds from overseas telecom fraud as Moutai business revenue and converted it into virtual currency to return to the upstream, taking an 8% commission on each transaction. After the case was uncovered, the procuratorate, together with the public security bureau, reviewed nearly 20 million yuan in fund flows and electronic data. Ultimately, eight defendants were sentenced to prison terms ranging from one to six years for concealing and covering up the proceeds of crime, with one receiving a suspended sentence.