China arrests over 1100 suspects in crackdown on crypto-related money laundering

The money launderers charged their criminal clients a commission of 1.5% to 5% to convert illegal proceeds into virtual currencies via crypto exchanges, ...

source https://www.google.com/url?rct=j&sa=t&url=https://www.reuters.com/article/china-cryptocurrency-crime-idUSL3N2NS0CZ&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNFwNLsUF77D3x2qNLedQkVh5XDy7w