According to the Bloomberg report, China arrested over 1,100 people in a sweeping crackdown on the use of cryptocurrencies for money laundering, adding to signs it’s further reining in crypto-linked activities. Chinese police busted more than 170 criminal groups that used cryptocurrencies to launder money in telecom scams to avoid being tracked down, the Ministry […]Read full post China arrested over 1,100 people in a crackdown on crypto scammers. on Chaintimes.com.