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www.theguardian.com
1 month ago
Privacy professionals

Chinese gang jailed for operating 55m money-laundering ring

A money-laundering operation of £55 million targeted international students bypassing China's cash withdrawal limits. [ more ]
www.hackneygazette.co.uk
1 month ago
London

55m Chinese money laundering gang hid 104k cash in carrier bag in wardrobe

A sophisticated money laundering operation involving a Chinese underground banking system was dismantled, resulting in multiple sentences and significant asset seizures. [ more ]
www.theguardian.com
1 month ago
Privacy professionals

Chinese gang jailed for operating 55m money-laundering ring

A money-laundering operation of £55 million targeted international students bypassing China's cash withdrawal limits. [ more ]
www.hackneygazette.co.uk
1 month ago
London

55m Chinese money laundering gang hid 104k cash in carrier bag in wardrobe

A sophisticated money laundering operation involving a Chinese underground banking system was dismantled, resulting in multiple sentences and significant asset seizures. [ more ]
moremoney-laundering
ReadWrite
4 months ago
Cryptocurrency

Chinese police bust illegal crypto ring worth almost $2 billion

Chinese police uncovered a $1.9 billion USDT underground banking racket in Chengdu, evading China's crypto ban. [ more ]
ReadWrite
4 months ago
Cryptocurrency

Chinese authorities shut down illegal crypto service

Using cryptocurrency, an underground bank facilitated illegal currency exchange between Chinese yuan and South Korean won.
The operation exploited the anonymity and decentralization of cryptocurrencies for illicit foreign currency exchange activities. [ more ]
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