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China hands death sentence to convict who laundered $7M through crypto
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China hands death sentence to convict who laundered $7M through crypto
China sentenced a convicted drug trafficker to death after prosecutors said he laundered more than 48 million yuan through cryptocurrency.Prosecutors said more than 1,200 people have been charged in drug related money laundering cases between January 2025 and May 2026.Chinese authorities said they are expanding enforcement against cryptocurrency based money laundering and stepping up efforts to recover illicit digital assets.
2026-06-25 Source:crypto.news
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