Hong Kong Police Bust Cryptocurrency Money Laundering Group's Branch, Involving Over HK$600 Million
According to Jinse Finance, Hong Kong police recently conducted a law enforcement operation codenamed "Double Gun" and raided a commercial building in Tsuen Wan, uncovering a Hong Kong branch center of a cryptocurrency money laundering group. Four individuals, three men and one woman, were arrested. Reports indicate that the criminal group actively promoted their services through social media platforms, text messages, and mobile applications, offering enticing incentives such as "New member registration bonuses" or "Deposit real money, withdraw cryptocurrency." Investigations revealed that the group has received over 600 million Hong Kong dollars in funds since its operation, a significant amount.