US Attorney Foreign National Pleads Guilty to Laundering Millions in Proceeds from Cryptocurrency Investment Scams

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Press Release: U.S. Attorney’s Office, District of Maryland

Daren Li, 41, a dual citizen of China and St. Kitts and Nevis, and a resident of China, Cambodia, and the United Arab Emirates, pleaded guilty today to one count of conspiracy to commit money laundering for his role in a scheme to launder millions of dollars in proceeds of cryptocurrency investment scams.

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