Bitcoin ATM Growth May Be a Boon for Money Launderers
Crypto analytics company CipherTrace found bitcoin ATMs are increasingly being used to send funds to "high-risk exchanges" suspected of facilitating illicit activity.
Money Laundering
The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege.
OneCoin, an infamous crypto fraud, makes an uncredited cameo in a leaked FBI intelligence bulletin on the money-laundering risks of investment funds.
‘Superman29’ May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs
Jul 22, 2020
Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.
The National Police of Spain said vendors’ “purchase of virtual currency stands out.” Police arrested 33 suspects across two parallel raids.
AML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are ‘Extorting’ Him
Jun 26, 2020
AML Bitcoin's Marcus Andrade claims he is being extorted by the U.S. government in a response to Thursday's charges by the Department of Justice and the Securities and Exchange Commission.
Money Laundering
