Chinese crypto scammer sentenced in absentia to 20 years after fleeing US
ID: 61f852f3-dcd9-5436-960d-91453943db0a
STIX ID: report--61f852f3-dcd9-5436-960d-91453943db0a
Feed Name: The Record from Recorded Future News
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A Chinese national, Daren Li, pleaded guilty to leading an international "pig butchering" romance/cryptocurrency scam that laundered at least $73.6M through shell companies (about $59.8M routed through U.S. banks); he was sentenced in absentia to 20 years after fleeing, and the article describes related arrests, victim impact, and regional law-enforcement actions against scam compounds in Southeast Asia and China.
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