U.S. authorities have apprehended two individuals accused of orchestrating a significant money laundering operation. This scheme allegedly funneled over $73 million through American financial institutions, ultimately converting the funds into the cryptocurrency Tether (USDT). The U.S. Justice Department reported that Daren Li was arrested at Atlanta’s airport in Georgia on April 12, while Yicheng Zhang was taken into custody in Los Angeles on May 16. The indictment against the pair, unsealed in a California court on May 16, details their purported involvement in the scheme. Li, Zhang, and their associates are accused of managing an international criminal network that laundered
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
