Li Xiong, chairman of Huione, Southeast Asia's largest cryptocurrency money laundering network, has been extradited from Cambodia to China to face trial. This follows the extradition of Chen Zhi, another key figure in the network, who had 127,000 bitcoins seized by the US government. The extradition marks a significant step in the crackdown on cryptocurrency-related crimes in the region.
Huione Chairman Li Xiong Extradited to China for Trial
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