PANews reported on April 19 that according to the Xiamen Procuratorate’s official account, a man named Chen was sentenced to 11 years in prison for stealing and selling virtual currency for a profit of more than 1.6 million yuan. It is reported that Chen fabricated a lie that his account was offline to defraud the victim of various verification codes. He continued to secretly transfer the virtual currency in Hong’s account to his own account through real-time verification codes, and then quickly sold the virtual currency for a profit of more than 1.6 million yuan and used it all to repay personal debts. After trial, the court sentenced Chen to 11 years in prison for theft and fined him.