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A local public security organ in China determined in August that a certain act of over-the-wall speculation was illegal, and the profits from speculation were confiscated

According to the official account of lawyer Wu Enxiang, in August this year, the public security organ in a certain place in China determined that the act of over-the-wall speculation was illegal, and the person involved was administratively punished, and the profits from speculation were confiscated. The public security organ in a certain place in China found that Zhang San used an illegal channel to connect to the international network without authorization by hanging a VPN, and contacted customers who needed to buy a virtual currency overseas through an overseas website. Then he used a certain currency on the overseas trading APP to buy a virtual currency at a low price, and finally sold it at a high price to engage in the sale of a virtual currency. After being summoned by the public security organ, Zhang San came to the case to accept the investigation of the public security organ. Zhang San illegally profited 90,000 yuan during the operation of the studio, and the tools (eight mobile phones and eight sets of computers) in the studio were also provided by Zhang San. According to the provisions of Article 6 and Article 14 of the Interim Provisions on the Administration of International Networking of Computer Information Networks of the People's Republic of China and Article 11, Paragraph 1 of the Law of the People's Republic of China on Public Security Administration Punishments, it is now decided to order Zhang San, who violated the law, to stop networking, to be warned and fined 15,000 yuan, to confiscate the illegal income of 90,000 yuan, and to confiscate eight mobile phones and eight sets of computers.