According to online reports, the Fujian High Court's public account announced a typical case of cracking down on new illegal crimes in telecommunications networks. Among them, the trial authority of Longyan City tried a major cross-border telecommunications network fraud case in accordance with the law. The public security organs seized the cash involved in the case and a large number of houses, cars, gold, precious watches, virtual currency, etc. worth nearly 200 million yuan; The judicial authority has ruled that the total amount of fines applicable to cases reaches more than RMB 51.67 million, and has intensified property enforcement. A total of 69.2158 million yuan has been implemented in fines, refund, confiscation and other property judgments have been implemented. In addition, in another telecommunications network fraud case, the defendant engaged in telecommunications network fraud activities against foreign foreigners investing in Bitcoin, defrauding victims of property from the United States, Singapore and other countries. It has been verified that the victims were deceived of money totaling more than RMB 7.13 million.