Odaily Planet Daily News: Malaysian law enforcement officers recently arrested ten suspects suspected of using cryptocurrency to launder money. Assets including cars worth more than $7.7 million were seized, and bank accounts holding about $10.8 million were frozen. Law enforcement officers seized more than $3.9 million worth of brand-name watches, 18 luxury cars, motorcycles and handbags, and a total of $106,800 in cash. Malaysian Police Chief Tan Sri Razarudin Husain revealed that the eight arrested men and two women aged between 28 and 51 used unregistered money changers and cryptocurrency exchanges to transfer funds from illegal activities from abroad to Malaysia. These people have been detained under Section 4 (1) of Malaysia's Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act. (Bitcoin.com)