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Daren Li
Pleaded guilty
Foreign national who pleaded guilty to conspiracy to commit money laundering involving proceeds from cryptocurrency investment scams (per DOJ archived press release).
Status
Pleaded guilty
Jurisdiction
US
Tags
money-laundering, crypto-investment-scams, tether, legal-case
Last updated
2026-02-03
Details
- DOJ describes Li as a dual citizen of China and St. Kitts and Nevis.
- Press release describes use of shell companies and bank accounts to receive victim funds and convert to USDT.
- Status marked pleaded based on DOJ guilty-plea announcement.
- Track sentencing and forfeiture announcements for later updates.
- Images intentionally omitted unless a clearly licensed (CC/PD) image is verified.
Timeline
2024-11-12
DOJ announced Daren Li pleaded guilty to conspiracy to commit money laundering in connection with laundering proceeds from cryptocurrency investment scams.
• Foreign National Pleads Guilty to Laundering Millions in Proceeds from Cryptocurrency Investment Scams (U.S. Department of Justice (Office of Public Affairs)  Archive press-release)