Psst. Your buddy is actually dead wrong.
“The chief financial officer of the Epoch Times, a right-wing media outlet, has been arrested and charged in what federal prosecutors called a “sprawling, transnational scheme” to launder at least $67 million in illicit funds.
Weidong “Bill” Guan, 61, of Secaucus, N.J., used cryptocurrency to purchase tens of millions of dollars in crime proceeds, including prepaid debit cards, fraudulently obtained unemployment insurance benefits and stolen personal information that was used to spike the Epoch Times’ reported annual revenue, according to the indictment, handed down last month. The filing was unsealed Monday.”