Anti-Financial Crime & Financial Crime Compliance
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AML, Asia-Pacific, Crypto

CRYPTOS: 11 arrested in first money laundering case involving China’s ‘digital yuan’

By Dan Byrne for AMLi

It hasn’t taken long for the world’s first and most advanced ‘government cryptocurrency’ to fall victim to money launderers.

The latest news from the Chinese government is that 11 people have been arrested for illegally using the new ‘digital yuan’ to funnel dirty profits.

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