Blockchain Consultant Pleads Guilty to Extortion Charge
Alchemist associate Michael Hlady faces up to 20 years in prison.
Michael Yusko III allegedly used bank accounts held in the name of several companies to sell cryptocurrencies for profit.
The software magnate was arrested in October in Barcelona.
The haul was worth around $2.9 million when forfeited in 2019.
The world’s largest crypto exchange by volume is the subject of a U.S. money-laundering investigation, Bloomberg reported Thursday.
Eric Meiggs focused his attacks on those he considered original gangsters of crypto social media.