Daren Li, a 41-year-old Chinese citizen, pleaded guilty to laundering $73 million through cryptocurrency schemes, arrested in April 2024, faces up to 20 years in prison ⚖️

Daren Li, a 41-year-old Chinese citizen, pleaded guilty to laundering $73 million stolen through cryptocurrency schemes. He assisted in hiding the origin of the funds through shell companies and international banks. Li was arrested in April 2024. He faces up to 20 years in prison and a fine of up to $500,000. The trial is scheduled for March 2025.