DOJ Charges Two Chinese Nationals in $73 Million Crypto Laundering Scheme
The United States Department of Justice has arrested two Chinese nationals implicated in a $73 million money laundering operation. According to a May 17 announcement, the suspects funneled illicit funds through multiple U.S. financial institutions and subsequently converted the money into the stablecoin USDT. The accused, Daren Li, a dual citizen of China and St. ...