[U.S. Department of Justice: Daren Li, one of the suspects in the $73 million crypto money laundering case, has pleaded guilty] On November 13, the U.S. Department of Justice issued an announcement stating: "Daren Li, a resident with dual citizenship of China and the Federation of Saint Kitts and Nevis (Note: my country does not recognize dual citizenship), pleaded guilty to one count of conspiracy to launder money because he participated in a money laundering scheme for a cryptocurrency investment scam, earning millions of dollars in proceeds." Daren Li and his accomplices used a network of shell companies and international bank accounts to launder more than $73 million from victims of cryptocurrency investment scams. Daren Li is scheduled to be sentenced on March 3, 2025. Li faces up to 20 years in prison. Earlier news, on May 17, according to the official website of the U.S. Department of Justice, yesterday, California accused two Chinese nationals of being arrested for allegedly defrauding at least $73 million through cryptocurrency investment scams.