London Police Concludes £1.7M Bitcoin Laundering Case
The Metropolitan Police’s economic crime unit concluded a five-year investigation, sentencing Jian Wen to over six years for £1.7M Bitcoin laundering. In addition to creating new opportunities for financial innovation, the cryptocurrency universe has also spawned a new frontier for economic criminality. The specialized economic crime unit of the Metropolitan Police has recently reached a […]
Vinnik Pleads Guilty in $9B Crypto Laundering Case
Russian national Alexander Vinnik pleads guilty in $9B BTC-e money laundering scheme, involving over a million users worldwide. Alexander Vinnik, a citizen of Russia, has entered a guilty plea about a money laundering scheme that utilized the cryptocurrency exchange BTC-e. The admission was rendered after the comprehensive inquiry unveiled the exchange’s involvement in extensive illicit […]