Environmental Crimes Are Often Hidden by ‘Flying Money’ Laundering Schemes (Commentary)

Environmental crimes are often hidden by ‘flying money’ laundering schemes (commentary)

In the Tang dynasty, Chinese merchants began buying rice on credit with a system that relied on trust and trade to sidestep the authorities — and taxes — to deliver goods immediately. In China it’s called, feiqian, and across the Middle East and South Asia, it’s known as hawala. These days it’s about more than rice. It’s called “flying money,” and it’s the tool for concealing financial crimes: tax-free remittances, washing dirty money, even fund…

China Cracks Crypto Laundering Cases through HyperLiquid

Chinese police busted 3 crypto laundering cases using HyperLiquid since March 2025. Criminals used HyperLiquid losses to hide money, then made profits on other exchanges. The scam mirrors the style of James Wynn, causing worries about platform safety. In a startling revelation, Salus founder Mirror Tang disclosed that Chinese law enforcement has uncovered three separate crypto laundering operations exploiting HyperLiquid’s trading mechanisms sin…

Hyperliquid Under Scrutiny: China Uncovers Alarming Money Laundering Schemes

BitcoinWorld Hyperliquid Under Scrutiny: China Uncovers Alarming Money Laundering Schemes Recent revelations from China have sent ripples through the cryptocurrency community, particularly concerning the decentralized exchange (DEX) Hyperliquid. Authorities in China have reportedly uncovered multiple cases of money laundering activity exploiting the platform’s unique features. This development highlights the ongoing challenges regulators face in…