Money Laundering? $17k Fee Charged on a $1k Litecoin Transaction

The transaction took place on Thursday, May 23rd, and was mined by the China-based mining pool in block 1636831. The fee was so massive that it caused the average transaction fee on the Litecoin network to jump from $0.05 to $0.70. Transaction fees haven’t been that high since Litecoin was worth $400 a pop at