Lawyer: Virtual currency money laundering gangs are hiring mainland college students to launder money in Hong Kong

On April 17, Mankiw's legal team released a document revealing that the virtual currency money laundering gang reached out to college students. A boy who had just started his junior year was introduced to the business of "purchasing virtual currencies" when he was looking for a part-time job online. The other party transferred RMB to his bank card account in mainland China. He took the subway to Hong Kong, and then used the money to buy coins at the USDT exchange store on the street and transfer it to the designated wallet address. A round trip, including travel subsidies, can earn five or six hundred yuan. One day his bank card was suddenly frozen by the bank, and he realized that this was still illegal. The number of such requests received by Mankiw Law Firm has increased significantly in the past six months, reflecting a trend that cannot be ignored: money laundering gangs are targeting college students with high compensation, packaging a key link in the criminal chain.