Shengsheng He, a California man from La Puente, was sentenced to 51 months in federal prison for laundering nearly $37 million from U.S. investors in a global crypto scam. He was also ordered to pay $26.9 million in restitution after pleading guilty in April to conspiracy to operate an unlicensed money-transmitting business. Prosecutors revealed he helped funnel stolen funds through shell companies, converting them into digital assets. The case is part of the DOJ’s wider crackdown on international crypto fraud networks, including Cambodia-based scam operations. Authorities emphasize this sentencing underscores their commitment to dismantling large-scale crypto investment fraud schemes.