[Son of Former Wuhan Supervisory Commission Member Laundered Over HK$64 Million in Hong Kong, Sentenced to 6 Years and 9 Months in Prison] According to Caixin, Xiao Rui, the son of Xiao Jun, a former member of the Wuhan Supervisory Commission, laundered over HK$64 million through underground banks and used false documents to obtain Hong Kong residency. On July 23, the Hong Kong District Court delivered its verdict, finding 37-year-old Xiao Rui guilty of four counts of 'money laundering' and one count of 'using a copy of a false document,' sentencing him to 6 years and 9 months in prison. It is reported that Xiao Rui argued that the large sum of money involved came from his mother's legitimate business earnings and his own proceeds from selling Bitcoin. The judge dismissed this claim, stating that Xiao Rui could not have been unaware of the multimillion-dollar asset threshold when applying for Hong Kong's 'Capital Investment Entrant Scheme' at the time. Under cross-examination by the prosecution, Xiao Rui admitted that his mother had always worked as a nurse and clerical staff at a hospital, and his explanation of earning income from selling Bitcoin was rejected by the court due to the lack of any transaction records.