CoinW Exchange Implicated in NT$2.3 billion money laundering; founder seeks 25-year prison sentence

The CoinW exchange is at the center of a major financial legal issue in Taiwan, involving NT$2.3 billion and a significant number of victims.

Shi Qiren and 13 others have been indicted with serious charges, while seized assets include notable cryptocurrencies including USDT, Bitcoin, and TRX.

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