From Bank Vaults To Wallets: Here’s How Two Bankers Used Crypto To Launder Millions

A local Chinese bank, the Bank of Huludao, has recently discovered an “intricate embezzlement” and money laundering scheme via crypto orchestrated by two of its top former executives. The scandal, which has sent ripples through the financial community, involved the illicit transfer of a staggering 1.8 billion yuan (approximately $248 million). This discovery highlights the

Source: Bitcoinist