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Bank Info Security 9 months, 2 weeks ago

Bitcoin Fixer Convicted for Role in Money Laundering Scheme

$7 Billion Illicit Bitcoin Horde: Malaysian National Latest to Plead GuiltyA Malaysian national pleaded guilty Tuesday in an English courtroom to assisting an investment fraud scammer who converted stolen assets into a cryptocurrency treasure trove now worth $7.1 billion, including helping her to evade arrest by lining up assistants and Airbnb rentals in Scotland.

Also: Dismantling a 460 Million Euro Crypto Fraud NetworkThis week, a peek into Iran's largest crypto exchange blending privacy, scale and sanctions evasion, Europol and Spanish police dismantled a crypto fraud network, $9.5M Resupply hack, sentencing in a $40M ponzi scheme and a North Korean crypto theft and employment fraud ring.