Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Epoch Times CFO Bill Guan was charged with participating in a scheme to launder $67 million in illicit funds to benefit himself and the company.
Epoch is a popular political conservative media outlet known for its criticism of the Chinese government. “Under Guan’s management, members of the team and others used cryptocurrency to knowingly purchase tens of millions of dollars in crime proceeds, including proceeds of fraudulently obtained unemployment insurance benefits, that had been loaded onto tens of thousands of prepaid debit cards,” DoJ said.
These funds were then further laundered through other bank accounts held by the media entity’s accounts, Guan’s personal bank accounts and through his crypto accounts.
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