Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million
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Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of…
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The International Consortium of Investigative Journalists’ (ICIJ) Coin Laundry investigation found illicit funds were funneled through major cryptocurrency exchanges, including Binance, OKX, Coinbase, Kraken, Bybit, and Kucoin, as part of a global shadow economy benefiting from criminal proceeds. The 10-month cross-border project, which was conducted with 37 media partners in…
Key Highlights The ED seized about ₹2.5 crore in cryptocurrency during raids across 16 locations in West Bengal. The probe is tied to an alleged illegal call center fraud targeting foreign nationals, mainly in the U.S. Investigators also identified over ₹20 crore in suspected assets, including land, hotels, and resorts.…
Authorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…