CHINA JAILS FIVE FOR $166M CRYPTO MONEY LAUNDERING SCHEME
https://media.zenfs.com/en/cryptonews_us_711/0acdf12add4ce58f9713edddf0425b73
✍️ A Beijing court has sentenced five individuals to prison terms for operating an illegal foreign exchange operation that moved over $166 million through crypto channels.
👉 Five individuals sentenced to prison terms for operating illegal foreign exchange operation 👉 Operation moved over $166 million through crypto channels 👉 Case is one of China's most significant prosecutions of crypto-enabled financial crime 👉 Authorities are intensifying their crackdown on digital asset activity
-- #LinJia #LinYi #Xia #Bao #Chen #PanGongsheng #Beijing #HongKong #Singapore #Luxembourg #technology
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