According to Xinhua News Agency, the Supreme People's Procuratorate held a press conference on June 25. Deputy Procurator-General Miao Shengming stated that prosecutors are intensifying investigations into "self-money laundering" and "third-party money laundering" crimes, advancing the recovery of drug-related assets, and ensuring full coverage in the investigation and punishment of drug-related money laundering crimes. From January 2025 to May 2026, prosecutors across the country filed charges against over 1,200 individuals for drug-related money laundering crimes. Among them, in the case of Li某bo and others—a major cross-border drug smuggling, trafficking, transportation, and money laundering case supervised by the Supreme People's Procuratorate and handled by the Chongqing procuratorate—Li某bo laundered more than 48 million yuan through virtual currency and was ultimately sentenced to death after being convicted of multiple offenses.

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