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Crypto Launderer Busted: Six-Year Sentence for $1M Bitcoin Ops Serving Scammers and Cartels
Crypto Launderer Busted: Six-Year Sentence for $1M Bitcoin Ops Serving Scammers and Cartels
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Another day, another crypto crime headline—but this one cuts deep. A unnamed individual just got slapped with a six-year prison stint for funneling dirty money into Bitcoin, propping up scams and drug rings to the tune of $1 million.
Blockchain’s transparency strikes again. The feds traced the digital breadcrumbs straight to his wallet—no Swiss bank account required. Guess due diligence isn’t just for TradFi bros after all.
And here’s the kicker: while Wall Street gets slap-on-the-wrist fines for billion-dollar fraud, this small-time player rots in a cell. The irony? He probably would’ve gotten less time for moving cash the old-fashioned way.
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