Summary Points Marlon Ferro, aka “GothFerrari,” received 78 months in prison for orchestrating a $250M crypto theft, involving burglaries, hacking,…
Browsing: Money Laundering
Fast Facts The UK’s FCDO sanctioned Xinbi, a Chinese crypto marketplace processing nearly $20 billion (2021-2025), targeting the infrastructure behind…
Fast Facts Escrow Markets as Laundering Hubs: Telegram-based escrow markets, initially intended for legitimate transactions, have evolved into major channels…
Top Highlights Five-Year Sentence: Keonne Rodriguez, co-founder of the crypto mixing platform Samourai Wallet, was sentenced to five years for…
Summary Points Settlement Agreement: Paxos will pay $48.5 million to the NYDFS, consisting of a $26.5 million fine and $22…
Top Highlights Guilty Pleas: Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill plead guilty to money laundering and operating…
Essential Insights Sanctions Imposed: The U.S. Treasury’s OFAC sanctioned Behrouz Parsarad, the administrator of the Nemesis darknet marketplace, for facilitating…