British-Chinese Money Launder Sentenced to 6 Years in Prison For Role in...

British-Chinese Money Launder Sentenced to 6 Years in Prison For Role in $6B Fraud: FT

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Source: Coindesk.com

Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of bitcoin related to the alleged fraud in a 2018 operation. Wen accused of laundering the proceeds of the fraud, converting the bitcoin into cash and purchasing property, jewelery and other luxury items. Wen admitted to being control of a bitcoin wallet on

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Source: Coindesk.com

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