FBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but Name
OneCoin, an infamous crypto fraud, makes an uncredited cameo in a leaked FBI intelligence bulletin on the money-laundering risks of investment funds.
Jeremy Spence bilked his investors out of $5 million, according to a criminal complaint.
FBI lacks a "comprehensive strategy for addressing the cryptocurrency threat in the future," OIG wrote.
Tal Prihar admitted to taking bitcoin payments from darknet marketplaces in exchange for referral links.
The U.S. Department of Justice is trying to seize bitcoin from 155 addresses it alleges were used by Al Qaeda to fund terrorism.
The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say.