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Police in China arrest gang who laundered $1.7 billion via crypto even after Beijing's crackdown

Por: CNBC Tech December 12, 2022

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Chesnot Getty ImagesPolice in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency, amid on the trading of digital coins.Starting from May 2021, the criminal gang allegedly used the proceeds from illicit sources including pyramid schemes, fraud and gambling and converted it into the cryptocurrency tether, a stablecoin that is pegged one-to-one with the , the Public Security Bureau of... + full article



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