Main Suspect in BITGIN Crypto Exchange Money Laundering Case Prosecuted in Taiwan, China, Involving Over 150 Million NTD
Svmuu News: Prosecutors in Taiwan, China, have indicted a total of 10 individuals, including Liu Yusen, the head of the now-defunct cryptocurrency exchange "BITGIN" and its parent company, Bijin Technology, along with CEO Zhang Hansen and COO Zhang Yuting. The Zhang siblings face potential sentences of up to 12 years in prison. Prosecutors allege that the company collaborated with a fraud syndicate in 2023 to carry out scams and money laundering by providing USDT and coordinating offline cash transactions with "fake currency dealers." The case involves 46 victims, with fraudulent amounts exceeding 150 million New Taiwan Dollars. The related funds were transferred via crypto wallets and overseas exchanges to conceal their origins. (UDN)
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Billionaire investor Chase Coleman’s Tiger Global fund disclosed in its latest 13F filing that its top five growth stocks are all focused on AI infrastructure, including TSMC, NVIDIA, Amazon, Meta, and Google.
-
2
Liquidity Crunch in Cryptocurrency Mining: Causes and Analysis of the Current Situation in 2026
-
3
Microsoft It is up 3.02% today and is currently trading at $464.720
-
4
Federal Appeals Court Rejects Bid to Block Trump’s Mail Voting Restrictions
-
5
The analysis points out that Iran’s overlapping centers of power complicate efforts to end the war with the United States, and that the Revolutionary Guards possess significant operational autonomy.
-
6
India’s Kerala Struggles to Care for Aging Population with Low Fertility Rate
-
7
Donald Trump TRUMP (TRUMP) 2026 Outlook: Analysis of Price Trends and Key Influencing Factors
-
8
Israeli West Bank Settler Tells BBC Attacks on Palestinians Are Justified as Revenge, Equating One Jewish Life to "10 Million" Palestinians
-
9
Analysis of CRYSTAL’s Value and Investment Potential: An Examination of Multiple Projects and Risk Assessment
-
10
Will the BEAM token go to zero? Could it rise to $1,000? An in-depth analysis of the Beam network and its market prospects
Markets Today
Recommended Reading






