Browsing: cryptocurrency money laundering

In a shocking turn of events, the FBI has arrested former Olympic snowboarder Ryan Wedding in Mexico City, linking him to a high-profile drug trafficking operation.Allegations against Wedding include his involvement with transnational crime networks and the manipulation of cryptocurrencies, specifically related to money laundering activities.

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Background
Three Chinese nationals were handed over to the prosecution by the Korea Customs Service.Accusations
Involved in a cryptocurrency money laundering scheme involving approximately 150 billion won (about 101.7 million USD).

South Korean police crypto-laundering has come under intense scrutiny following the indictment of two officers accused of colluding with illegal crypto exchange operators.Allegedly involved in a massive $186 million voice phishing scam, these officers reportedly accepted bribes in exchange for confidential investigative information and assistance in unfreezing accounts.