U.S. Charges Two Chinese Nationals in $73 Million Cryptocurrency Scam

U.S. authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said. U.S. officials arrested Yicheng Zhang in Los Angeles, according to an indictment unsealed in U.S. District Court in California's central district later that day. Daren Li, a dual citizen of China and St. Kitts and Nevis, was arrested at the Atlanta airport in April.

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