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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/hong-kong-police-arrest-458-for-60m-in-money-laundering-15m-via-crypto/">Hong Kong Police Arrest 458 for $60M in Money Laundering, $15M Via Crypto!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Hong Kong authorities have arrested 458 individuals in connection with a massive money laundering scheme worth over $60 million, $15 million of which was reportedly scammed using cryptocurrencies. According to the police, the suspects used shell companies to launder the money, which was mostly obtained through phone scams and online financial fraud. The authorities seized different assets, including cash, jewelry, luxury cars, and cryptocurrency accounts. This operation is one of the biggest money laundering busts in the region, highlighting the increasing use of cryptocurrencies as a tool for illegal activities.</p>

Hong Kong Police Arrest 458 for $60M in Money Laundering, $15M Via Crypto!

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