🚨 **Breaking Crypto News!** 🚨
Hong Kong customs have dismantled a sophisticated money-laundering syndicate that funneled HK$1.5 billion (~$192M) through crypto transactions and over 200 bank accounts!
🔹 **Key Details:**
- **Arrests:** 4 suspects, including a man, his father, and a close female relative.
- **Operation:** Used 6 shell companies and 48 bank accounts.
- **Transactions:** Over 2,000 transactions from Aug 2020 to Aug 2022.
- **Funds:** Originated from South Korea, dispersed into 180 third-party accounts.
- **Freeze:** $280,000 frozen, more arrests expected.
💬 **What are your thoughts on this crackdown? Comment below!**
#CryptoNews #MoneyLaundering #HongKong