{"id":133630,"date":"2025-07-29T12:00:07","date_gmt":"2025-07-29T12:00:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=133630"},"modified":"2025-07-29T12:00:07","modified_gmt":"2025-07-29T12:00:07","slug":"china-convicts-crypto-money-launderers-who-embezzled-us20-million","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=133630","title":{"rendered":"China convicts crypto money launderers who embezzled US$20 million"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese official media reported details of a crackdown on a money-laundering operation involving cryptocurrencies, shedding light on the mainland\u2019s underground crypto landscape and increased efforts by authorities to seize crypto assets.<br \/>\nAccording to a report last week by the People\u2019s Daily, which cited the Beijing Haidian People\u2019s Procuratorate\u2019s ruling, a former executive surnamed Feng embezzled 140 million yuan (US$19.5 million) from his employer, a tech firm. He then used eight overseas&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/blockchain\/article\/3319982\/china-convicts-crypto-money-launderers-who-embezzled-us20-million-beijing-tech-firm?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese official media reported details of a crackdown on a money-laundering operation involving cryptocurrencies, shedding light on the mainland\u2019s underground crypto landscape and increased&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133630"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133630"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133630\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133630"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}