Beijing police have arrested a counterfeiting gang that emerged in the 2000s and engaged in transactions using cryptocurrency. The operation reportedly involved sophisticated methods to produce counterfeit goods. Authorities believe the gang exploited digital currencies to facilitate their illegal activities and avoid detection. The arrests come as part of a broader crackdown on counterfeit operations across the city. Police continue to investigate the extent of the gang’s activities and their connections within the cryptocurrency market.
Related: More from Security & Hacks | Crypto Pros Face Risks in ClickFix Scam Spread in Crypto Security | OpenZeppelin: EVMbench Dataset Breaches Trust in Crypto Security
