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Drug dealer accused of laundering $136M worth of Bitcoin from prison

Crypto Criminals to Face life imprisonment in South Korea

Ryan Farace also known as ‘Xanaxman’ has reportedly laundered $136 million in Bitcoin between October 2019 and April 2021 while serving his drug-dealing sentence in federal prison. According to The Baltimore Sun, Maryland officials have charged Ryan Farace, better known as “Xanaxman,” with laundering 2,933 BTC in less than three years. This sum is more […]