I just came across a case. The largest money laundering case in history uncovered in Singapore involved 16 billion RMB. Wang Shuiming from Anxi, Fujian, is one of the main figures. This guy has hidden a lot of assets overseas, including cryptocurrencies in Hong Kong accounts, and his domestic factories and apartments are worth tens of millions. Wang Shuiming was recently arrested in Montenegro and is to be extradited back to China. Even more outrageous is his partner, Su Weiyi, who once ran a Hong Kong crypto platform and absconded in 2022 with over 16 million HKD. These people use shell companies, fake documents, and cryptocurrencies to launder money from illegal gambling and scams, investing in high-end assets. The Wang Shuiming case seems to involve a wide network, including figures from the Philippines. Such transnational money laundering networks are truly hard to guard against.