negative
Recently
Court ruling highlights tightening grip on crypto laundering
Sentencing of a Chinese national for crypto money laundering signals stricter global enforcement, highlighting rising accountability for scam operators and facilitators exploiting digital asset anonymity.
A Chinese national has been sentenced for orchestrating a crypto scam and laundering illicit funds through digital assets, marking a significant enforcement milestone. Authorities detailed how complex wallet structures, exchanges, cross border transfers were used to obscure proceeds. The case underscores growing regulatory coordination against crypto enabled crime and signals tougher penalties ahead as governments target scam networks, money mules, laundering facilitators operating internationally today.