According to the Jiangbei District Procuratorate in Ningbo, the first large-scale cryptocurrency theft case in Ningbo has resulted in seven defendants being sentenced to prison terms ranging from three years to four years and ten months for the crime of theft. From June to December 2021, the defendants, led by Su, implanted Trojan horse software on websites and lured others to download it, which allowed them to remotely control and steal virtual currency from victims' accounts.

They also impersonated the victims to provide their friends with virtual currency account information. The theft group operated with a clear division of labor, with boss He providing funding for renting a house, a server, purchasing computers and Trojan software, and paying others' wages. Su was responsible for commanding and operating, while others were responsible for logging into victims' accounts remotely and forwarding money laundering addresses. It was determined by the procuratorial organ that He used virtual currency to cash out RMB 28 million in total.