A Hong Kong court sentenced a mainland woman to 47.5 months in prison after she laundered HK$9.29 million in an OTC money laundering case. According to PANews, the case also discussed Hong Kong's Web3 policy boundaries and said compliant virtual asset development does not mean weaker anti-money laundering enforcement.
The article said accounts, cash, and OTC purchases of U.S. dollars can all constitute crimes in the flow of funds.
Hong Kong OTC Money Laundering Case Ends With 47.5-Month Sentence for Mainland Woman
2026-07-22 13:03:45
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