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CoinGape 2021-07-15 04:33:29

Crypto Scam: Hong Kong Authorities Bust HK$1.2 Billion Crypto Laundering, Arrests Four

In a recent bust of a money laundering case involving cryptocurrencies, Hong Kong authorities have arrested four people. Reportedly, the suspects have laundered a massive HK$1.2 billion ($150 million) funneled through bank accounts in Singapore over the last 15 months. Taking note of this, the Hong Kong Customs had launched operation “Coin Breaker” last week The post Crypto Scam: Hong Kong Authorities Bust HK$1.2 Billion Crypto Laundering, Arrests Four appeared first on Coingape.

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