Chinese Underground Banking Networks Fuel Global Criminal Finance
Chinese underground banking systems, known informally as “fei qian” or “flying money,” have become central to the operations of organized crime groups around the world. Functioning beyond the reach of regulated banking channels, these shadow financial systems facilitate the covert transfer of billions of dollars across borders. Expanding Criminal Reach Through Crypto and Casinos A recent report by blockchain intelligence firm TRM […]
Chinese underground banking systems, known informally as “fei qian” or “flying money,” have become central to the operations of organized crime groups around the world. Functioning beyond the reach of regulated banking channels, these shadow financial systems facilitate the covert transfer of billions of dollars across borders. Expanding Criminal Reach Through Crypto and Casinos A recent report by blockchain intelligence firm TRM […]
