South Korea's election system uses equipment from China's Huawei, making it easy for Huawei's software engineers to modify election data. Furthermore, the election system's security relies on software designed by North Korean engineers, allowing them easy access to the voting system and alter the vote count.
Both China and North Korea consider Lee Jae-myung their proxy, so they must have manipulated the vote count to ensure his election. Lee Jae-myung was elected president through election fraud; therefore, his presidency is illegitimate, and he should resign immediately!
@ConstitustionX The religious regime that currently rules Iran and the CCP that rules communist China are essentially cults and criminal organizations, and are not equal partners with which democratic governments can negotiate. Negotiation itself provides them with certain degree of legitimacy!
US Analysts Flag $312 Billion in Suspicious Activity Tied to Suspected Chinese Money Laundering Networks
A specialist told House lawmakers during a hearing that cartel-linked networks exploit banks, shell firms, real estate, cryptocurrency, and trade channels.
U.S. financial institutions filed more than 137,000 reports totaling roughly $312 billion in suspicious activity linked to suspected Chinese money laundering networks between 2020 and 2024, serving as the focus of a June 9 House subcommittee hearing.
Congressional Research Service specialist Liana Rosen noted that these Bank Secrecy Act filings represent flagged transactions rather than confirmed criminal proceeds, serving as initial investigative starting points with unquantified enforcement outcomes.
The House Financial Services Subcommittee on Oversight and Investigations examined how these Chinese money laundering networks (CMLNs) act as the dominant financial partners for drug cartels moving illicit funds through the U.S.
Subcommittee Chairman Dan Meuser (R-Pa.) stated that these highly organized networks offer transnational cartels rapid transfers, low transaction fees, and financial guarantees even in the event of law enforcement seizures.
Moving Value Without Moving Cash
Witnesses described CMLNs as professional operations serving two customer bases: criminal groups cleaning illicit proceeds and Chinese citizens seeking to bypass domestic capital controls to access U.S. dollars.
Under this arrangement, laundering networks purchase U.S. dollars generated by domestic drug sales, distribute equivalent values to cartels through alternative channels, and sell the cash to Chinese buyers attempting to move wealth overseas.
Rosen explained that the physical illicit currency remains entirely within the United States, while the overarching financial values are cleared externally via trade channels or separate accounts.
Retired Treasury special agent John Cassara warned that this mechanism circumvents traditional border-crossing tracking systems because the networks excel at exchanging value locally without physically moving cash across borders.
Cassara stated that traditional financial regulations are less effective against advanced underground banking, trade-based money laundering, and mirror swaps where illicit values are offset rather than physically transferred.
A 2025 FinCEN advisory previously detailed that CMLNs utilize shell companies, money mules, real estate investments, complicit insiders, and digital assets to effectively mask the origin of their funds.
Banks, Real Estate, and Shell Companies
Chairman Meuser stated that the flagged $312 billion in suspicious transactions flowed through 489 depository institutions, over 200 money service businesses, and various other financial sectors.
FinCEN's comprehensive review spanned banking, securities, futures, casinos, and real estate, highlighting a deeply pervasive footprint across the entire U.S. financial system over the four-year period.
Several lawmakers focused their inquiries on whether opaque ownership structures and anonymous shell companies are severely hindering law enforcement's ability to trace criminal proceeds.
Rep. Nikema Williams (D-Ga.) questioned the national security risks of real estate laundering through anonymous LLCs, with Cassara responding that beneficial ownership data remains the critical missing piece for investigators.
FinCEN’s data specifically isolated 17,389 Bank Secrecy Act reports linked to more than $53.7 billion in suspicious activity directly involving the U.S. real estate sector.
Crypto and Reporting Gaps
Committee Democrats focused on closing loopholes in cryptocurrency and beneficial ownership regulations, arguing that digital platforms grant criminal syndicates advanced tools to conceal illicit capital.
Ranking Member Maxine Waters (D-Calif.) questioned whether crypto firms should face the same strict compliance mandates as traditional banks to detect and report financial crimes.
MissionLytics CEO Louis DeTitto confirmed that CMLNs aggressively exploit cryptocurrency, emphasizing that law enforcement urgently requires comprehensive data access from digital asset exchanges.
DeTitto added that these decentralized networks purposefully connect drug trafficking, fraud, and capital flight to exploit regulatory gaps across competing global jurisdictions and agencies.
Beijing Link Debated
The congressional hearing exposed a policy debate regarding the level of direct involvement by the ruling Chinese Communist Party in these laundering operations.
Rosen cautioned lawmakers that the operational classification of a Chinese money laundering network does not automatically prove an official directive from Beijing.
Consultant Leland Lazarus stated that while no direct evidence links these criminal networks to top Chinese leadership, a symbiotic relationship exists through state-backed business and friendship associations overseas.
Lazarus urged U.S. officials to address underground banking directly with Chinese leader Xi Jinping, asserting that Beijing possesses the complete state authority to dismantle the networks if it chooses to act.
Cassara echoed this assessment, describing China as a centralized command state capable of immediately shutting down illicit financial operations if the regime desired.
What Congress May Do Next
Expert witnesses advised Congress to implement描 stricter beneficial ownership transparency, increase data analytics, target high-risk trade corridors, and enhance cross-agency law enforcement coordination.
Cassara noted that while the U.S. generates vast amounts of financial intelligence, a severe shortage of dedicated investigators prevents these leads from being successfully converted into criminal cases.
He explained to Rep. Warren Davidson (R-Ohio) that complex financial investigations are often passed over because they require years of labor with no guarantee of successful prosecution.
The hearing concluded with a central question left unresolved, as public records fail to show exactly how much of the flagged $312 billion has resulted in asset seizures or dismantled networks
https://t.co/ziqAqgmC6i
💥今天的Fox&Friends节目,川普总统语出惊人!
他说:伊朗人民并非不想反抗,而是因为他们知道政府真的会开枪、会杀人。
他随后举了天安门事件的例子,说坦克开过去、军队向人群开枪,抗议很快就被压下去了。
接着又补充说,世界上愿意这样对待自己人民的政府其实不多(not many governments would do that),而伊朗和中国共产党政权属于这一类。
川普在谈伊朗抗议与伊朗政府镇压时,提到了1989年北京天安门事件,并举例说,极权政府在面对大规模抗议时,可能会动用武力,还提到坦克镇压学生的画面。
相关片段出现在近期福克斯系节目关于伊朗局势的讨论中。
Today, medical doctor Gulshan Abbas will spend yet another birthday in a Chinese prison. In 2019, Dr. Abbas was sentenced in a secret trial to 20 years in prison on spurious charges, after her sister spoke out against CCP oppression of the Uyghurs. The CCP continues to deny her humanitarian parole and sufficient medical care. WATCH to learn more about her tragic story.