Odaily Planet Daily News: A grand jury indictment was unsealed in a U.S. District Court today, charging two Chinese nationals with laundering at least $73 million through shell companies associated with a cryptocurrency investment scam. Daren Li, 41, a dual citizen of China and St. Kitts and Nevis, who resides in China, Cambodia and the UAE, was arrested at Hartsfield-Jackson Atlanta International Airport on April 12 and subsequently transferred to the Central District of California. Yicheng Zhang, 38, a Chinese national who resides in Temple City, was arrested and arraigned in Los Angeles today. Both Li and Zhang were charged with conspiracy to launder money and six substantive counts of international money laundering. According to court documents, Li, Zhang and other co-conspirators allegedly managed an international money laundering ring that laundered proceeds from the cryptocurrency "pig-killing plate" scam. Victims were deceived in the scam to transfer millions of dollars into U.S. bank accounts opened in the names of dozens of shell companies whose only apparent purpose was to facilitate money laundering. The network of money launderers then assisted in transferring these funds to other domestic and international bank accounts and cryptocurrency platforms to conceal the source, nature, ownership and control of the funds. The scam involved laundering more than $73 million through U.S. financial institutions, which were transferred to bank accounts in the Bahamas and converted into the virtual asset USDT. A cryptocurrency wallet involved in the scam received more than $341 million in virtual assets.