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China’s Crypto Crackdown: $136M Laundering Network Busted

China's Crypto Crackdown: $136M Laundering Network Busted | INFbusiness

Chinese police have uncovered a large-scale underground banking operation that used cryptocurrency to facilitate cross-border fund transfers, resulting in multiple arrests. According to a report by China National Radio published on February 12, 2025, the network laundered over CNY 1…

Mercado Bitcoin, Plume Network Tokenize $40M in Brazil

Mercado Bitcoin, Plume Network Tokenize $40M in Brazil | INFbusiness

Blockchain firm Plume Network and digital asset platform Mercado Bitcoin announced a new partnership on Wednesday, looking to improve access to Brazilian real-world assets. In a press release shared with Cryptonews, the two firms revealed plans to tokenize $40 million…

Six Men Charged in $15M Crypto Kidnapping Case

Six Men Charged in $15M Crypto Kidnapping Case | INFbusiness

Authorities have charged six men in connection with the October 2024 kidnapping of four people from a Chicago townhouse, forcing them to transfer approximately $15 million in crypto. According to a report from the Chicago Tribune on Wednesday, the victims,…