U.S. prosecutors secured a multi‑year sentence for Chinese national Su Jingliang after conviction for laundering proceeds from cryptocurrency investment scams that targeted U.S. victims. Courts ordered prison time and tens of millions in restitution tied to more than $36 million laundered from roughly 174 U.S. victims.

On Feb. 4, U.S. courts sentenced Su Jingliang after prosecutors proved he laundered proceeds from cryptocurrency investment scams that defrauded approximately 174 U.S. victims of more than $36 million. The judgment included a multi‑year prison term and an order for tens of millions in restitution, reflecting the scale of the laundering network prosecutors outlined. According to filings and reporting, Su's operation moved illicit proceeds through multiple crypto accounts and conversion services to obfuscate origins and facilitate cross‑border transfers. The case highlights how international money‑laundering networks exploit crypto channels and jurisdictional challenges to process scam proceeds, and demonstrates sustained DOJ focus on pursuing overseas actors who enable fraud via digital assets. Observers noted the sentence and restitution demands aim both to punish and deter transnational facilitators, while signaling continued cooperation between U.S. authorities and foreign partners to identify and repatriate stolen funds.