California Man Gets 51 Months for Laundering $37M in Cambodia-Based Crypto Scam

California resident Shengsheng He received a 51-month federal prison sentence for laundering $36. 9 million from victims in an international crypto investment scam operated from Cambodia-based centers, using his Bahamas company Axis Digital Limited to convert victim funds into Tether stablecoin before transferring to Cambodia-controlled digital wallets with $26. 8 million in restitution ordered. source: https://cryptonews.com/news/california-man-gets-51-months-for-laundering-37m-in-cambodia-based-crypto-scam/