US arrests two Chinese nationals in $73 million crypto scam

(Reuters) – U.S. authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said on Friday.

U.S. officials arrested Yicheng Zhang in Los Angeles on Thursday, according to an indictment unsealed in U.S.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.