Coin

<ul class="news-points"> 
 <li><strong>Police in Hong Kong arrested 458 people from 314 cases involving money laundering.</strong></li> 
 <li><strong>About $15 million was laundered via cash withdrawals and cryptocurrency transactions.</strong></li> 
 <li><strong>Arrested victims were involved in financial crimes like online shopping, job hunting, and others.</strong></li> 
</ul> 
<p>The police in Hong Kong have arrested 458 people from 314 cases involving money laundering of almost $60 million. According to reports, about $15 million of the total amount was via cash withdrawals and cryptocurrency transactions.&nbsp;</p> 
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   <p lang="en" dir="ltr">The Hong Kong police launched an anti-money laundering operation this month, arresting 458 people from 314 cases involving HK$470 million, of which about HK$1.1 was laundered through cash withdrawals and cryptocurrency transactions. <a href="https://t.co/RAW9izP5xQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/RAW9izP5xQ</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1695675721384128665?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 27, 2023</a> 
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<p>A recent report showed that the arrested victims were involved in different financial crimes, cutting across online shopping, job hunting, investment, phone calls, and online love scams.&nbsp;</p> 
<p>According to the police in Hong Kong, some money laundering syndicates lured some members of the public to sell their bank accounts for between $40 to $200 and used the accounts…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/458-persons-arrested-in-hong-kong-over-60m-crypto-related-scams/">458 Persons Arrested in Hong Kong Over $60M Crypto-related Scams</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

458 Persons Arrested in Hong Kong Over $60M Crypto-related Scams

Coin Edition

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