Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

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.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!