Chinese planner sentenced to 46 months in U.S. prison for $37 million cryptocurrency scam

AirdropHunterKing · 2026-02-12T13:00:50+00:00

Jingliang Su was sentenced to 46 months in the United States for involvement in a $37 million cryptocurrency scam and is required to pay $26.8 million in restitution. This case reflects the US's strict crackdown on crypto crimes, with the use of USDT for money laundering highlighting the complexity of cross-border scams.

AirdropHunterKing

2026-02-12 13:00:50

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Jingliang Su was sentenced to 46 months in prison in the United States for organizing a large-scale cryptocurrency scam targeting American citizens. According to NS3 reports, this $37 million scam involved cross-border fund transfers and money laundering activities, with the criminals ordered to pay over $26.8 million in restitution. This ruling reflects the U.S. justice system’s zero-tolerance stance toward crimes in the crypto space.

Carefully Designed Scam Tactics Using USDT for Fund Transfers

Su and his accomplices employed typical cross-border scam methods. They registered shell companies as cover, concealed their identities through overseas bank accounts, and converted the scam proceeds into USDT stablecoins. The choice of USDT was due to its high liquidity and cross-chain features, making it more difficult for law enforcement to track. This “USD-crypto asset-laundering” three-step model has become a common tactic among international scam gangs.

U.S. Judicial Crackdown on Crypto Crimes Intensifies

In recent years, U.S. law enforcement has continuously strengthened its efforts against scams and money laundering involving cryptocurrencies. The verdict in this $37 million scam sends a clear signal to global criminals—that cross-border scams and money laundering will face severe penalties. In addition to criminal imprisonment, pursuing civil restitution has become an important enforcement tool, providing further legal protection for victims.

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