1/2 Police in northern China arrested 63 people over the weekend, accused of laundering nearly $1.7 billion worth of Chinese Yuan using cryptocurrency. Photo courtesy of Public Security Bureau of Inner Mongolia Autonomous Region Dec. 12 (UPI) — Police in northern China arrested 63 people accused of laundering nearly $1.7 billion worth of Chinese yuan using cryptocurrency. The Inner Mongolia Autonomous Region Public Security Bureau announced the arrests on Saturday, seizing around $4.5 million in Chinese currency in the process. Advertisement Those arrested have ties to a money laundering gang, which started operating in May 2021, according to police. This…