Chinese National Gets 46 Months in Prison for $37 Million Crypto Scam Targeting Americans

In brief

  • Jingliang Su, a Chinese national, was sentenced to 46 months in prison after pleading guilty to one count of conspiracy to operate an illegal money transmitting business.
  • Su was also ordered to pay restitution of more than $28 million for the scams that resulted in $37 million in losses.
  • Eight co-conspirators of the scam ring have pleaded guilty thus far, with at least 174 Americans affected.

Jingliang Su, a Chinese national, was sentenced to 46 months in prison for the role he played in the laundering of more than $36.9 million taken from victims of crypto scams. 

Su, who pleaded guilty to one count of conspiracy to operate an illegal money transmitting business, was also ordered to pay restitution of more than $26.8 million.

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