U.S. Cracks Major Crypto Laundering Ring as 22-Year-Old Pleads Guilty in $263M Scheme

Federal prosecutors in the Southern District of New York have secured a guilty plea from a 22-year-old U. S. citizen tied to a sprawling cryptocurrency laundering network that processed more than $263 million for cybercriminals. The defendant, who operated an illicit money service known as “Bitcoin Bro,” admitted to converting proceeds from romance scams and other […] The post U source: https://www.ethnews.com/u-s-cracks-major-crypto-laundering-ring-as-22-year-old-pleads-guilty-in-263m-scheme/