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Capitalwatch fires again: AppLovin is just the tip of the iceberg in the money laundering industry chain, with more than a dozen other companies involved; "nuclear-level" evidence has already been handed over to regulators.

Capitalwatch fires again: AppLovin is just the tip of the iceberg in the money laundering industry chain, with more than a dozen other companies involved; "nuclear-level" evidence has already been handed over to regulators.

``` Wallstreetcn reported yesterday that short-selling firm Capitalwatch released a heavyweight report, accusing AppLovin's core shareholder Hao Tang of colluding with the head of a transnational criminal organization, using Cambodia's super app WOWNOW to convert illegal funds into advertising fees flowing into AppLovin, thus completing a money