Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam

May 19, 2024 at 06:30AM Two Chinese nationals, Daren Li and Yicheng Zhang, have been charged by the U.S. Department of Justice for allegedly orchestrating a $73 million pig butchering scam involving cryptocurrency investment fraud. They face charges of money laundering and could be sentenced to 20 years in prison for each count if convicted. … Read more