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China Jails Five for $166M Crypto Money Laundering Scheme

China Jails Five for $166M Crypto Money Laundering Scheme A Beijing court sentenced five individuals to two to four years in prison for operating a $166 million crypto money laundering scheme using USDT between January and August 2023.

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finance.yahoo.com

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China Jails Five for $166M Crypto Money Laundering Scheme