Cryptocurrencies have become a channel for cross-border money laundering. This case has brought the dark side of Web3 back into the spotlight—technology is innocent, but those who use technology for evil must pay the price.

According to Xinhua Daily, the Ya'an police in Sichuan uncovered a cross-border online obscenity crime case. The involved pornographic comic website "Shu Shu Se Man" profited by inducing teenagers to make frequent small deposits, with the website's traffic exceeding 100 million visits and financial transactions reaching over 12 million yuan (approximately 1.66 million USD). The police found that domestic personnel received the illicit funds through multiple companies and individual accounts, and individuals like Li Mouwu transferred the money abroad via virtual currency. Recently, the People's Court of Mingshan District, Ya'an City, sentenced five defendants in the first instance, each for the crimes of profiting from the dissemination of obscene materials and aiding information network criminal activities. Currently, judicial authorities are still investigating the overseas backers behind the website.