🚨 Hong Kong Police Crack $15M Crypto Laundering Ring
Hong Kong authorities have busted a major money laundering operation involving cryptocurrency and over 500 bank accounts. The scheme, worth $15M, spanned mainland China and Hong Kong, with 12 suspects arrested.
Police revealed the ring used a complex network of accounts to disguise illegal funds as legitimate transactions. Crypto played a key role in moving the money across borders.
#CryptoNews #MoneyLaundering
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