Chinese police have identified an "underground bank" providing illegal money conversion services. Operators took advantage of cryptocurrency's anonymity and ease of cross-border transfer to provide the service, China News Service reported. Chinese police have arrested six people who used cryptocurrency in an illegal money conversion operation that processed approximately 2.14 billion yuan ($296 million). The "underground bank" was revealed by the Public Security Bureau of Jilin, Panshi City, state-owned news service. What do you think about this news? We are waiting your comments! 🕵️‍♂️💰