Jan 31, 2026
Chinese National Sentenced to 46 Months for Laundering $36.9M in Crypto Pig Butchering Scam
Crimeblockchain crimeCrypto Fraud Newscryptocurrency scamDOJ Crypto EnforcementPig Butchering ScamStablecoin RegulationUSDT Money Laundering
TLDR: Chinese Jingliang Su laundered $36.9M stolen from 174 Americans via shell firms and crypto wallets. Funds were converted into USDT at Deltec Bank and routed to Cambodia scam centers. Victims were deceived through dating apps, social media, and fake crypto platforms. DOJ ordered $26.9M restitution as part of a wider crackdown on global scam [...]
The post Chinese National Sentenced to 46 Months for Laundering $36.9M in Crypto Pig Butchering Scam appeared first on Blockonomi.
Source: Blockonomi →Related News
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