Close Menu
Cryprovideos
    What's Hot

    Hong Kong’s New Stablecoin Regulation Invoice A Increase for Cross-border Use Of Digital Yuan | UseTheBitcoin

    June 7, 2025

    Metaplanet Goals to Elevate $5.3 Billion to Purchase Extra Bitcoin – Decrypt

    June 7, 2025

    ‘Full porting Bitcoin’ might be Musk's Trump card in feud: Bitcoiners

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»FBI Ran Elon Musk-Themed Crypto Cash Laundering Scheme for a Yr – Decrypt
    FBI Ran Elon Musk-Themed Crypto Cash Laundering Scheme for a Yr – Decrypt
    Crypto News

    FBI Ran Elon Musk-Themed Crypto Cash Laundering Scheme for a Yr – Decrypt

    By Crypto EditorApril 9, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    FBI Ran Elon Musk-Themed Crypto Cash Laundering Scheme for a Yr – Decrypt

    The FBI secretly funded and instantly engaged with drug traffickers and hackers, together with members of the infamous Scattered Spider cybercrime group, as a part of an undercover crypto cash laundering sting, in accordance with new particulars reported Tuesday by 404 Media, citing courtroom paperwork.

    Federal authorities ran the Elon Musk-themed cash laundering scheme undercover for practically a 12 months after arresting its authentic operator, Indian nationwide Anurag Pramod Murarka, 30, who was sentenced in January to 10 years in jail on fees of conspiracy to commit cash laundering.

    In the course of the year-long undercover operation, federal brokers prevented a further $1.4 million from being laundered by posing as Murarka, courtroom paperwork present.

    Murarka beforehand used the aliases “elonmuskwhm” and “la2nyc” to obtain crypto from drug traffickers and hackers, changing digital belongings into money by way of a fancy hawala community—a casual cash switch system unlawful in a number of international locations.

    Murarka marketed cash laundering companies on darknet marketplaces from April 2021 to September 2023 and used encrypted communications with purchasers, directing them to ship crypto to particular wallets.

    Legal proceeds had been hidden in envelopes and youngsters’s books as a part of the scheme, Decrypt beforehand reported.

    In January, the U.S. Division of Justice mentioned over $20 million was laundered by way of the operation. 

    After the FBI started investigating Murarka, authorities lured him into touring to the U.S. by approving his visa software. 

    Upon his arrival, he was arrested, permitting the FBI to take over the illicit enterprise, which was operated through a “shed-sized” submit workplace in Kentucky, per the report.

    Below FBI administration, the undercover operation continued to course of crypto funds and monitor money deliveries to Murarka’s U.S.-based associates.

    Below federal regulation, Murarka is required to serve a minimal of 85% of his jail time period, adopted by three years of supervised launch.

    Edited by Sebastian Sinclair

    Every day Debrief Publication

    Begin daily with the highest information tales proper now, plus authentic options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    UK FCA Proposes Lifting Ban on Retail Crypto ETN Funding

    June 7, 2025

    Binance Coin Battles Again—however Can It Actually Hit $700? – BlockNews

    June 7, 2025

    How DeFi Is Powering the Way forward for DAOs – The Each day Hodl

    June 7, 2025

    Switzerland Opens Crypto Tax Vault To 74 Nations—Particulars

    June 7, 2025
    Latest Posts

    Metaplanet Goals to Elevate $5.3 Billion to Purchase Extra Bitcoin – Decrypt

    June 7, 2025

    ‘Full porting Bitcoin’ might be Musk's Trump card in feud: Bitcoiners

    June 7, 2025

    Mapping Bitcoin’s Bull Cycle Potential

    June 7, 2025

    Kiyosaki Pushes Bitcoin, Silver as Trump-Musk Feud Roils Markets | US Crypto Information

    June 7, 2025

    Metaplanet Targets 210K BTC With $5.4B Fairness Elevate – Bitbo

    June 7, 2025

    Bitcoin: Uber accelerates in direction of digital funds with stablecoin

    June 7, 2025

    Bitcoin Sees Adverse Funding On Binance – A Traditional Setup For A Quick Squeeze?

    June 7, 2025

    Bitcoin ETF Issuers VanEck, 21Shares and Canary Ship Letter to SEC

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    The Crypto Dream Was By no means About You

    May 1, 2025

    Analyst Says Altcoins Turning Bullish After ‘Longest’ Bear Market, Names Three Components Driving Crypto Rallies – The Day by day Hodl

    April 29, 2025

    Founding father of Crypto Lending Platform Celsius Sentenced to 12 Years in Jail for Fraud – The Day by day Hodl

    May 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.