China says its police have arrested 1,100+ people on crypto-related money laundering charges amid a nationwide crackdown on activities related to telecom fraud (David Pan/CoinDesk)

David Pan / CoinDesk:
China says its police have arrested 1,100+ people on crypto-related money laundering charges amid a nationwide crackdown on activities related to telecom fraud  —  This is the fifth round of a nationwide crackdown on money-laundering activities related to telecom fraud in China, dubbed “Operation Card Breaking.”