46 Months for $37 Million: Chinese National Sentenced for Role in Cambodian Crypto Scam Ring

A Chinese national, Jingliang Su, was sentenced to 46 months in U.S. federal prison and ordered to pay nearly $26.9 million in restitution for laundering proceeds of a large “pig butchering” crypto scam that siphoned over $36.9 million from 174 victims. The report outlines the three-stage social‑engineering fraud (Hook, Feed, Slaughter), details a laundering chain that consolidated funds at Deltec Bank and converted them to USDT before moving them to Cambodian scam‑center wallets, and notes multiple co-conspirator convictions as part of a broader DOJ effort against similar networks.