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US charges 21 individuals for role in global crypto money laundering networks

US charges 21 individuals for role in global crypto money laundering networks

Representations of cryptocurrencies are seen in front of displayed decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration

The United States has charged 21 individuals for their roles in global cryptocurrency money laundering networks, the U.S. Attorney's Office For Eastern District Of Texas said on Wednesday.

"These defendants orchestrated highly organized and sophisticated schemes to launder fraud proceeds through cryptocurrency," U.S. Attorney Brit Featherston said in the statement.

Source: Reuters

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