U.S. Sentences Fugitive Daren Li to 20 Years for $73.6 Million Crypto Investment Scam

A federal court in the Central District of California sentenced Daren Li to the statutory maximum of 20 years in prison in absentia on Feb. 9, 2026, after authorities tied his transnational “pig butchering” operation to large-scale laundering through U.S. financial rails. The government described a pipeline in which at least $73.6 million from victims […]