Tuesday, September 19, 2023
Courthouse News Service
Tuesday, September 19, 2023 | Back issues
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$575M in crypto laundering

SEATTLE — A Washington jury’s 18-count indictment of two Estonians was unsealed today after they were arrested in Tallinn for their roles in carrying out a cryptocurrency fraud and money laundering scheme totaling $575 million. Money invested into a mining service and virtual bank was instead laundered through shell companies to bankroll real estate and luxury vehicle purchases.

Read the press release here.

Categories / Briefs, Criminal, Financial, Technology

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