🚨 Crypto Crime Alert: A Chinese national, Daren Li, pleaded guilty to laundering over $73 million from cryptocurrency investment scams, according to the U.S. DOJ. Li, linked to the notorious "pig butchering" scams, used shell companies and bank accounts worldwide to move funds.
- Arrested in Atlanta, Li faces up to 20 years in prison.
- Co-conspirator Yicheng Zhang was also arrested in California.
- The FBI reports $4.5 billion lost to crypto scams in 2023, with actual figures likely higher.
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