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Home News Cryptocurrency China arrests 1,100 suspects for laundering illicit funds through crypto China arrests 1,100 suspects for laundering illicit funds through crypto By: Jinia Shawdagor Jinia is a cryptocurrency and blockchain enthusiast based in Sweden. She loves everything positive, travelling, and extracting joy and happiness from… Police officers busted more than 170 criminal groups after a recent crackdown. Per China’s Ministry of Public Security, the launderers charged commissions of up to 5%. China’s Payment and Clearing Association claims criminal activities involving crypto are on the rise. Chinese police officers have arrested more than 1,100 people suspected of using cryptocurrencies...
