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Taiwan Sentences BitShine Ringleader to 22 Years in 9M Crypto Fraud Case Thumbnail
News

Taiwan Sentences BitShine Ringleader to 22 Years in $39M Crypto Fraud Case

High Conviction

The sentence was handed down against the operator identified in Taiwanese reporting as Shi Qiren, who ran what local outlets described as Taiwan's largest crypto broker . The ruling frames BitShine's operation as a fraud and money laundering matter rather than a simple business failure.

Thiago Alvarez2 min readJul 17, 2026
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