WASHINGTON — The Justice Department announced Tuesday its largest-ever financial seizure — more than $3.5 billion — and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency stolen from the 2016 hack of a virtual currency exchange.
Ilya “Dutch” Lichtenstein, a citizen of Russia and the United States, and his wife, Heather Morgan, were arrested in Manhattan on Tuesday morning, accused of relying on various sophisticated techniques to launder the stolen money and conceal the transactions. They face federal charges of conspiracy to commit money laundering and conspiracy to defraud the United States. It was unclear if they had lawyers or people who could speak on their behalf.
Millions of dollars of the transactions were cashed out through bitcoin ATMs and used to purchase gold and non-fungible tokens as well as more mundane items like Walmart gift cards for personal expenses, prosecutors said.
CSigmaShow CryptoSavy1
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOJ announces arrests in alleged $4.5 billion cryptocurrency laundering schemeNEW: Justice Department announces arrests of New York couple charged with conspiring to launder $4.5 billion in cryptocurrency stolen during the 2016 hack of Bitfinex—marking the 'largest ever' financial seizure by the department. Crypto, the preferred currency of crooks! Big breaking news as our country falls apart netflix do your thing
Source: ABC - 🏆 471. / 51 Read more »
The US Justice Dept. arrests the duo behind a $3.6-billion crypto heistThe Department of Justice has arrested a pair allegedly responsible for stealing roughly $3.6 billion in bitcoin! It's 'the department’s largest financial seizure ever'.
Source: IntEngineering - 🏆 287. / 63 Read more »
Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year – Taxes Bitcoin NewsThe Spanish treasury has announced it will hold off till the next year to formulate the specifics of how cryptocurrency-related taxes will have to be declared. The Bitcoin bullish divergence is playing out right now! I'm happy to be in a long right here. Big resistance up at $43k though! btc_ct is a super underrated bitcoiner I’ve been following her tweets and tips seriously & I’ve been doing really great Follow her $SLP 10x incoming 🚀🧐💸 bitcoin Perhaps they wanna watch other first
Source: BTCTN - 🏆 531. / 51 Read more »