Fraudster Launders $36,900,000 in Proceeds of Crypto Scam That Preyed on American Investors, Sentenced to 51 Months in Prison

A California man was sentenced to 51 years in prison for helping launder more than $36. 9 million conned from victims in an international crypto scam. Shengsheng He, 39, pleaded guilty earlier this year to conspiracy to operate an unlicensed money transmitting business source: https://dailyhodl.com/2025/09/10/fraudster-launders-36900000-in-proceeds-of-crypto-scam-that-preyed-on-american-investors-sentenced-to-51-months-in-prison/