British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout
The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.
With bitcoin bouncing off $10,500, Markets Daily is back with another time-saving crypto update.
Ohio resident Larry Dean Harmon, 36, has been charged with laundering more than $300 million in bitcoin for darknet marketplace AlphaBay.
A "large-scale" money laundering organization is allegedly using cryptocurrency to wash the proceeds from drug sales, according to a DEA agent's complaint.
Roger Clark, an alleged operator behind the Silk Road darknet site arrested in 2015, has pleaded guilty to one charge of conspiracy to distribute narcotics.
French prosecutors have charged Vinnik on counts of extortion, aggravated money laundering, conspiracy and more.