Tag: Money Laundering
Daren Li Admits Role in Laundering $73.6 Million from Crypto Fraud
Daren Li admits role in laundering $73.6 million from crypto fraud schemes, emphasizing the need for global cooperation in tackling cybercrime. A foreign national pleaded…
Roman Sterlingov Sentenced for Money Laundering
Roman Sterlingov, operator of Bitcoin Fog, sentenced to 12.5 years in prison for laundering $400M in illicit crypto transactions. Roman Sterlingov, a dual Russian-Swedish national,…
Epoch Times CFO Bill Guan Charged for Allegedly Laundering $67 Million Worth Illicit Funds
Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67 million…
Charles Constant Arrested on Crypto Money Laundering Charges
Federal agents have arrested Charles Riley Constant, an owner of digital currency ATMs under the Coindawg name. At the time of writing, he has been…
Mustafa Gokiu Guilty of Running Illicit Crypto Business
Mustafa Gokiu – a man living in the town of Sunnyside, New York – was convicted in mid-October by a federal jury in Brooklyn for…
Crypto Money Laundering Case in China Ends
A billion-dollar crypto money laundering case in China has come to an end. Authorities say they busted an illicit group of money launderers who used…
Crypto Exchange Wazir X Accused of Money Laundering
Wazir X – a large and popular digital currency exchange stationed in India – is currently the subject of a financial probe that executives say…
New York’s Thomas Spieker Accused of Crypto Crimes
A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked…
Chainalysis: Crypto Money Laundering Is Still a Big Deal
According to a new document published by blockchain analysis firm Chainalysis, nearly $9 billion in crypto funds were laundered last year by cybercriminals. Overall, as…
