'Criminal mastermind' of $4bn bitcoin laundering scheme arrested: Russian operator of long-standing bitcoin exchange BTC-e indicted for laundering money including high-profile hack of funds from Mt Gox exchange
U.S. indicts suspected Russian 'mastermind' of $4 billion Bitcoin laundering scheme - Janice Griffith tweeted about Ethereum - Investor Tim Draper Calls on SEC to 'Grandfather' ICOs Into Compliance - Abra Users Can Now Buy Bitcoin With American Express Card
'Criminal mastermind' of $4bn bitcoin laundering scheme arrested | Technology
This is the best tl;dr I could make, original reduced by 59%. (I'm a bot)
The Russian "Internationally sought 'mastermind' of a crime organisation" accused of laundering more than $4bn in bitcoin, including funds obtained from the hack of failed bitcoin exchange Mt Gox, has been arrested in Greece. Vinnik was described by the justice department as the operator of BTC-e, an exchange used to trade the digital currency bitcoin since 2011, which was allegedly used to launder more than $4bn for people involved in crimes ranging from computer hacking to drug trafficking. US authorities also linked him to the failure of Mt Gox, the Japan-based bitcoin exchange that collapsed in 2014 after being hacked. Vinnik "Obtained" funds from the hack of Mt Gox and laundered them through BTC-e and Tradehill, another San Francisco-based exchange he owned, they said in the statement. During his time in the digital currency market, US authorities allege Vinnik facilitated crimes including hacking, fraud, identity theft, tax refund fraud, public corruption and drug trafficking. Greek police described Vinnik as a "An internationally sought 'mastermind' of a crime organisation".
While there are no publicly known cases of this Bitcoin laundering scheme, there are theories that this is what Block.One might have done in its 1-year-long EOS ICO, in which it raised $4 Billion in crypto from anonymous investors. Cases of Bitcoin money laundering . Some of the largest publicly known cases of Bitcoin laundering include the Binance hack, BTC-e exchange, QuadrigaCX exchange ... The U.S. Treasury Department is blacklisting 20 Bitcoin (BTC) addresses associated with a pair of Chinese nationals accused of laundering millions of dollars worth of stolen cryptocurrency. The hackers are tied to Lazarus, a group of cyber thieves allegedly linked to North Korea and known for stealing digital assets from cryptocurrency exchanges. Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence . October 23, 2020. 546. Share. Facebook. Twitter. ReddIt. Telegram. Pinterest. WhatsApp. Advertisment. The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes ... Owner of Bitcoin Exchange Convicted of Racketeering Conspiracy for Laundering Millions of Dollars in International Cyber Fraud Scheme A Bulgarian national was found guilty today for his role in a transnational and multi-million dollar scheme to defraud American victims through online auction fraud. This $4 billion Bitcoin laundering scheme reads like a gripping detective story. Greek authorities say they have arrested a Russian man wanted in the United States on suspicion of masterminding a ...
Recap of everything Bitcoin for October 23nd 2020 Timecodes: 00:00 - Intro 00:19 - Bitcoin Stats 00:51 - Daily Fail 04:04 - Meme Review 07:28 - News 15:16 - ... “Upon receiving payment, Nedelcu and his co-conspirators engaged in a sophisticated money laundering scheme to convert the victim payment into Bitcoin,” said the DoJ. The DoJ asserts that ... Rudy Giuliani tells Sebastian Gorka that within 24 hours news will break that Hunter Biden's laptop is linked to a money laundering scheme. The hits just keep ... Bitcoin Exchange CEO Arrested For Money Laundering The founder of a prominent Bitcoin exchange company has been arrested and charged with running an illegal scheme to sell the digital currency to ... Launder Bitcoin with BitLaunder - it is fast, easy, secure and private. We anonymize your bitcoin to make it untraceable in the blockchain. Works faster and ...