Cryptonews.com
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19:08 May 16, 2025
The DOJ has charged 12 people aged 18-21, plus one older defendant, with a cyber racketeering scheme that netted $263 m in cryptocurrency. Prosecutors say the group laundered funds through mixers before converting them to cash for luxury cars, watches, rentals and $500 k nightclub tabs. The post DOJ Busts Crypto Ring: $263M RICO Scam Fueled Supercars, $500K Parties appeared first on Cryptonews.