Hong Kong Customs cracked a HK$1.8 billion money laundering case involving a virtual currency trading platform

According to BlockBeats, on April 20, the Hong Kong Customs reported that it had successfully cracked a major money laundering case involving HK$1.8 billion. According to preliminary investigations, a criminal group consisting of three people handled more than 1,000 suspicious transactions between June 2021 and July 2022 by opening multiple shell companies and bank accounts, including a large number of suspicious fund transfers from virtual currency trading platforms. At present, the Customs has arrested three core members of the criminal group, sealed the company involved, and seized a large number of criminal tools, including mobile phones, company seals and bank cards. The case is still under further investigation, and it is not ruled out that more suspects will be arrested. (China News Service)