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Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets $314 Million For DeFi Tech

June 09, 2021
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Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets...

June 09, 2021
The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law. China has been undergoing a national crackdown on money laundering activities related to telecom fraud, which has been dubbed “Operation Card Breaking,” according to CoinDesk. In addition to the arrests, […]