Justice Dept.: Foreign National Pleads Guilty to Laundering Millions in Proceeds From Cryptocurrency Investment Scams
November 13, 2024
November 13, 2024
WASHINGTON, Nov. 13 -- The U.S. Department of Justice issued the following news release on Nov. 12, 2024:
Daren Li, 41, a dual citizen of China and St. Kitts and Nevis, and a resident of China, Cambodia, and the United Arab Emirates, pleaded guilty today to one count of conspiracy to commit money laundering for his role in a scheme to launder millions of dollars in proceeds of cryptocurrency investment scams.
"Daren Li and his co-conspirators laundered over $73 mil . . .
Daren Li, 41, a dual citizen of China and St. Kitts and Nevis, and a resident of China, Cambodia, and the United Arab Emirates, pleaded guilty today to one count of conspiracy to commit money laundering for his role in a scheme to launder millions of dollars in proceeds of cryptocurrency investment scams.
"Daren Li and his co-conspirators laundered over $73 mil . . .