Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. Prison

“Although Li committed this offense from outside the United States, he was not beyond the reach of the Justice Department,” Nicole M. Argentieri, head of the Justice Department’s criminal division, said in a statement. “Today’s plea reflects our ongoing commitment to working with our domestic and international partners to hold accountable anyone responsible for cryptocurrency investment fraud against U.S. victims — wherever the perpetrators are located.”