From Investing.com: 2024-05-17 16:57:43

Two Chinese nationals were charged by U.S. authorities for a $73 million cryptocurrency scam. Yicheng Zhang was arrested in Los Angeles, while Daren Li was arrested in Atlanta in April. The pair are accused of running a cryptocurrency investment scam involving pig butchering and laundering funds through U.S. bank accounts to the Bahamas. If convicted, they face up to 20 years in prison.

Read more at Investing.com: US arrests two Chinese nationals in $73 million crypto scam By Reuters