Taiwan prosecutors indict 14 in $72M money laundering case with 1,500 victims

August 22, 2025

, By Cointelegraph

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Taiwanese prosecutors reportedly indicted 14 people in what they say is the country’s biggest-ever cryptocurrency money laundering case, involving more than 1,500 victims and over $70 million in illicit funds.

The Shilin District Prosecutor’s office indicted the 14 on charges related to fraud, money laundering and organized crime, requesting the confiscation of 1.275 billion New Taiwan dollars ($39.8 million), which was allegedly obtained from victims through fraud, according to a Friday report from local media outlet data-ct-non-breakable=”null” href=”https://udn.com/news/story/124490/8955531″ rel=”https://udn.com/news/story/124490/8955531″ target=”https://udn.com/news/story/124490/8955531″ title=”https://udn.com/news/story/124490/8955531″>UDN.

Prosecutors also…

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Taiwan prosecutors indict 14 in $72M money laundering case with 1,500 victims

August 22, 2025

, Published By Cointelegraph

Taiwanese prosecutors reportedly indicted 14 people in what they say is the country’s biggest-ever cryptocurrency money laundering case, involving more than 1,500 victims and over $70 million in illicit funds.

The Shilin District Prosecutor’s office indicted the 14 on charges related to fraud, money laundering and organized crime, requesting the confiscation of 1.275 billion New Taiwan dollars ($39.8 million), which was allegedly obtained from victims through fraud, according to a Friday report from local media outlet data-ct-non-breakable=”null” href=”https://udn.com/news/story/124490/8955531″ rel=”https://udn.com/news/story/124490/8955531″ target=”https://udn.com/news/story/124490/8955531″ title=”https://udn.com/news/story/124490/8955531″>UDN.

Prosecutors also…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Hong Kong leather manufacturer CIDC invests in NVT for $13.9m

Next News

Global Equipment Manufacturer Selects Kneat

More like this

Popular

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