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Home > ICO > Hong Kong Arrests 2 Suspected of Laundering $384M Through Banks and a Crypto Exchange

Hong Kong Arrests 2 Suspected of Laundering $384M Through Banks and a Crypto Exchange

The release said the suspects had opened personal accounts from May to November last year at various Hong Kong banks, including virtual banks and a cryptocurrency trading platform. They were accused of engaging in suspected money laundering by dealing with money from unknown sources through bank transfers, cash deposits and cryptocurrency.

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