Money laundering case Archives

For assisting money laundering crimes between 2011 and 2021, the 36-year-old creator of the Bitcoin Fog cryptocurrency mixer was given a 12-year, 6-month prison sentence. In early March, Roman Sterlingov, a dual citizen of Sweden and Russia, entered a guilty plea to accusations of money laundering and running an unregistered money-transmitting firm. Bitcoin Fog, according to the U.S. Department of Justice (DoJ), is the longest-running cryptocurrency mixer on the darknet, enabling criminals to hide the source of their cryptocurrency profits read more about Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering. Get up to date on the latest cybersecurity news and enhance your knowledge of cybersecurity with our thorough coverage of the dangers, breaches, and ...

Following the sentencing of its final three members after a five-year investigation, UK law enforcement officials said on Friday that they had broken up a significant money laundering gang. At Kingston Crown Court in west London, Aurimas Bielskis, 41, Vitalijs Slapkins-Slapkovs, 34, and Nedas Kiviliauskas, 34, received sentences. Each of Bielskis and Slapkins-Slapkovs received a sentence of 22 months in prison with a two-year suspension. Also, Bielskis completed 250 hours of volunteer work. Kivilauskas was given a sentence of 23 months with a two-year suspension and 350 hours of community service read more Final Three Sentenced in £70m Money Laundering Case. Stay informed with the best cybersecurity news and raise your cybersecurity awareness with our comprehensive coverage of th...