Bangladesh, Oct. 11 -- A Malaysian national involved in one of the worlds largest crypto-related money-laundering cases purchased luxury properties in Dubai while helping to conceal the proceeds of a massive Chinese investment scam, according to leaked real estate data reviewed by investigators and journalists.

The man, Ling Seng Hok, who had been residing in the United Kingdom, pleaded guilty on September 30 to laundering proceeds from a fraudulent investment scheme that originated in China and affected an estimated 128,000 victims. His associate, Chinese national Qian Zhimin, who orchestrated the scam, also pleaded guilty earlier this year. The operation – now labeled as a major financial crime – ultimately led to the seizu...