According to United Daily News, there is new progress in the money laundering case involving 'money laundering godfather' Tu Cheng-wen, who is suspected of using the virtual currency exchange 'BITGIN' to assist offshore gambling and telecom fraud groups in money laundering, revealing a massive criminal network. Recently, prosecutors arrested several core members, including BITGIN's senior executive Zhang Hanlin and registered person Xu Guanzhi. Reports indicate that this case coincides with the death of a blockchain expert in a car accident, making the entire incident filled with doubts and controversies.
(Tracking the '88 Club' Taiwan money laundering godfather network: through laundering prevention declaration exchange 'BITGIN', the COO was detained)
Investigation by prosecutors and police: BITGIN has become a money laundering tool for criminal organizations
According to United Daily News, prosecutors and police pointed out that Tu Cheng-wen conducted large-scale money laundering operations through the BITGIN exchange, mainly relying on virtual currencies such as USDT, BTC, and ETH. Tu Cheng-wen purchased points from gaming companies through his company, Humor Technology, and then resold the points to an offshore company in Hong Kong, using methods such as virtual currencies and cash exchanges to conceal the flow of funds. BITGIN's COO Zhang Yuting and his brother Zhang Hanlin are the core figures in the entire money laundering operation. Zhang Yuting is a key player in Tu Cheng-wen's money laundering network, assisting in handling funds amounting to hundreds of billions of dollars. Zhang Hanlin supports the entire operation with his virtual currency trading experience. During this action, prosecutors arrested both individuals and subsequently requested the court to impose a ban on them due to fraud charges and the risk of fleeing and colluding with witnesses.
Bizarre coincidence! Coinciding with the tragic accident of the cryptocurrency flow analyst
According to reports, a police officer surnamed Hsieh from the Criminal Bureau's Technology Investigation Center is suspected of leaking case surveillance information, and both he and his girlfriend, a cryptocurrency flow analyst surnamed Chen, were summoned for questioning by prosecutors. Analyst Chen is known for her expertise in cryptocurrency flow analysis, having assisted the police in solving multiple virtual currency fraud and money laundering cases over the years, even facilitating the Legislative Yuan's budget allocation for cryptocurrency tracking software. However, both Chen and Hsieh tragically died in a car accident on their way back to the north on the 4th, and the police are conducting a thorough investigation into the cause of the accident. This incident has raised suspicions among the public, with some netizens believing there may be hidden circumstances behind the event.
The timing of this case has sparked significant attention within the cryptocurrency community, and analyst Chen's contributions have earned her great respect in the industry. A netizen claiming to be a friend of analyst Chen commented on PTT, praising her as one of the top cryptocurrency flow experts in the country, who voluntarily assisted the police in completing several major cases, including the Huang Zijiao creative private case. The netizen questioned whether the cause of death from 'being rear-ended on the highway at night' was straightforward.
(Criminal Bureau officer and his girlfriend, a cryptocurrency flow analyst, involved in a virtual currency investigation leak case; faced misfortune after being released on bail)
This article on the money laundering godfather Tu Cheng-wen case: BITGIN exchange is suspected of aiding money laundering, and the core team has been re-arrested. First appeared in Chain News ABMedia.
