How a money launderer allegedly used Deltec, Binance, and Tether
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Daren Li was indicted for conspiracy to commit money laundering and a review reveals his counterparties, including Binance, FTX, and Kraken.
Daren Li was indicted for conspiracy to commit money laundering and a review reveals his counterparties, including Binance, FTX, and Kraken.
Daren Li and Yicheng Zhang moved cash from so-called pig-butchering scams to Deltec Bank and Trust. It was then converted to tether.
Messages from Caroline Ellison claim that Deltec had a central role in moving assets from FTX to Alameda and facilitating USDT issuance.