Alleged Money-Laundering Scheme at Epoch Times
The finance chief of Epoch Times has been arrested for his alleged involvement in a global money-laundering scheme. The outlet's 'Make Money Online' team is accused of using cryptocurrency to launder at least $67 million in illicit funds.
Key Points
- Finance chief of Epoch Times arrested for alleged involvement in money-laundering scheme
- Accused of using cryptocurrency to launder at least $67 million
- Epoch Times suspends the accused and pledges cooperation with investigation
Pros
- Legal action taken against alleged financial misconduct
Cons
- Negative impact on the reputation of Epoch Times