Taiwan Indicts 14 in $2.3B CoinW Crypto Laundering Scandal

TLDR: Taiwan prosecutors indicted 14 people tied to a $2.3B crypto laundering case using CoinW franchises across the country. Authorities seized NT$60.49M in cash, 640,000 USDT, Bitcoin, TRX, and luxury cars linked to the laundering network. The fraud ring lured investors with fake claims of Financial Supervisory Commission approval, trapping over 1,500 victims. Prosecutors requested [...]

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