Over 1,100 Arrests by Chinese Police For Crypto-Related Money Laundering

Money Laundering

Following the national directive to crack down on Bitcoin trading, Chinese police arrested over 1,000 people on crypto-related money-laundering charges. This is the fifth round of a nationwide crackdown on money-laundering activities related to telecom fraud in China, dubbed “Operation Card Breaking.” The latest round targeted people that used cryptocurrencies to assist money-laundering activities, China’s […]