According to Wenzhou Metropolis Daily, Lucheng police cracked a major fraud case involving a large amount of counterfeit currency. The police seized counterfeit currency with a face value of 6 million yuan and more than 4 million yuan in cash. Mr. Lai, a Wenzhou citizen, started investing in virtual currency a few years ago. He had previously cooperated with Mr. Wang on several occasions, and the transaction amount was more than one million yuan. However, he received nearly 5 million yuan in counterfeit currency at the transaction location when selling virtual currency.