PANews reported on March 8 that according to China Securities Journal, Zhang Jun, President of the Supreme People's Court, said in his work report of the Supreme People's Court on March 8 that in 2024, the people's courts will conclude 2.66 million financial cases, a year-on-year decrease of 12.3%. Severely punish illegal financial activities, and conclude 25,000 cases involving 48,000 people, such as illegal fund-raising and money laundering, a year-on-year increase of 5.3%. Wang lured 29,000 people to buy so-called "virtual currency", causing losses of more than 1.7 billion yuan, illegally making more than 900 million yuan in profits, and "laundering" them overseas. The Sichuan Court sentenced him to life imprisonment for fund-raising fraud and money laundering. With a "zero tolerance" attitude, punish securities and futures crimes such as financial fraud and insider trading, and effectively safeguard the healthy development of the capital market. Ji, in collusion with others, controlled 97 securities accounts, used illegal means to influence stock prices, and made a profit of 180 million yuan. The Fujian Court sentenced him to six years in prison and a fine of 45 million yuan for manipulating the securities market.