US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme

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The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen personal identification information to transfer the funds […]

from Bitcoin News https://ift.tt/acVFAsH