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Recently a money laundering case happened in Hong Kong, China. It was reported total six people were captured for nearly 12.7 million worth of money laundering, and a student is included.
With the legalization of crypto trading in Hong Kong, more people from mainland China are visiting Hong Kong to trade crypto offline and the activities are very hard to be traced, as expressed by a Chinese government official, the use of cryptocurrencies via telegram messaging platform is surging rapidly in the country and the majority of the users are trading drugs.
