Taiwan has filed charges against 14 individuals for allegedly laundering $75 million through a cryptocurrency scheme linked to the CoinW franchise. The operation involved unregistered CoinW stores, converting illicit funds into cryptocurrencies since 2024. Authorities seized significant assets, including cash worth NT$60.49M (USD $203K) and over $1.275B worth of cryptocurrency assets. This case has major implications for Taiwan’s digital asset market, prompting authorities to urge the verification of virtual asset businesses and enhance regulatory measures to prevent similar incidents from occurring. The investigation is ongoing, with authorities focusing on strengthening digital forensics capabilities to analyze on-chain data and legal channels.