Hong Kong court convicts ex-Wuhan official's son over HK$64 million laundering scheme

A Hong Kong district court has rejected Xiao Rui’s claim that part of his money came from selling Bitcoin and found him guilty of laundering more than HK$64 million through underground banking channels.  The 37-year-old son of a former anti-corruption official from Wuhan faces sentencing on July 23 after being found guilty on four counts...