Hong Kong police arrest 12 suspected of laundering $15 million through crypto exchange shops

TL;DR


Summary:
- The Hong Kong police have arrested 12 people suspected of laundering around $15 million through cryptocurrency exchange shops.
- The suspects are accused of operating an illegal money exchange business and using it to launder funds obtained through criminal activities.
- The investigation revealed that the suspects used various cryptocurrency exchange shops to convert the illicit funds into digital assets, making it harder to trace the money trail.

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