[Chinese National Jingliang Su Involved in $37 Million Crypto Fraud and Money Laundering, Sentenced to Nearly 4 Years in U.S. Prison] According to a report by Golden Finance, the U.S. Department of Justice announced that a 45-year-old Chinese national, Jingliang Su, was sentenced to nearly 4 years of federal imprisonment for laundering proceeds from a $37 million cryptocurrency fraud scheme. He was also ordered to pay over $26 million in restitution. Prosecutors stated that the transnational criminal network he was part of lured U.S. victims into fake crypto investments through text messages, phone calls, and online dating platforms, using counterfeit trading websites to carry out the fraud. The funds were funneled through U.S. shell companies, crypto wallets, and international bank accounts, with approximately $36.9 million eventually transferred to Deltec Bank in the Bahamas and converted into USDT, before being moved by accomplices in Cambodia. A total of 174 U.S. victims were identified in the case.