Twelve people have been arrested in Hong Kong and China for their roles in a money laundering operation that moved $15M ...

HK Police bust $15M crypto ring using 500 fake accounts. 12 arrested, 560 ATM cards seized in major crackdown. The fraud syndicate laundered cash via crypto from its Mong Kok base ...

Hong Kong authorities have arrested 12 people linked to a cross-border syndicate that laundered over $15 million using cryptocurrencies.

Hong Kong police arrested 12 people for laundering $15 million through over 550 bank accounts and crypto transactions.

Hong Kong police dismantled a crypto laundering ring that funneled HK$118M through 550 bank accounts and crypto shops.