Bitcoin Money Laundering: How Criminals Use Crypto

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin - Cointelegraph

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin - Cointelegraph submitted by Studio10eleven to ArrestsWeb [link] [comments]

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin submitted by cryptomediame to btc [link] [comments]

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin

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Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin

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Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin
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Wealthy businessman Eike Batista has been arrested by federal police on account of suspected money laundering, which they believe he achieved by trading Bitcoin (BTC) on his wife’s behalf.
The details of Batista’s arrest were reported by Cointelegraph Brasil on Aug. 8. Prosecutors reportedly found notes indicating that he had traded BTC for his wife, who is not currently being investigated. The Federal Prosecutor wrote:
"Although the suspect’s wife, Mrs. Flávia, is not being investigated, it is quite possible, given the evidence of such a usual means of money laundering that the suspect was using the wife's name and account to ensure concealment of the products or proceeds of crime.”
Batista was reportedly arrested in the course of Operation Midas Secret, which was apparently backed by the TAG Bank owner Eduardo Plass. Fernando Martins, Batista’s attorney, apparently considers this arrest to be illegal.
The Federal Prosecution Service alleges that Batista and his employee Luiz Andrade Correia used one of Plass’s companies "to buy and sell shares in the domestic and international financial markets for the purpose of manipulating corporate assets." The two are also believed to have illegally traded on the Toronto Stock Exchange and committed fraud in relation to MMX, MPX and OGX stock trading.
The Attorney General’s Office further alleges that Batista and Correia illegally traded on underground stock exchanges, and the Brazilian Ministry of the Public said $800 million were transacted illegally.

Batista’s wealth

According to the report, Batista was also arrested back in February 2017. Although he was released just two months later, Batista was accused of getting out of his 30 year prison sentence early by bribing former governor Sérgio Cabral in the amount of $16.5 million.
As noted in the report, Forbes previously listed Batista as the seventh-richest man in the world. In 2012, Forbes further named Batista as the richest person in Brazil, with an estimated net worth of a little under $15 billion. Batista apparently become wealthy in connection with oil, mining and energy operations, as per Cointelegraph’s report.

Money laundering through crypto

As previously reported by Cointelegraph, two men in the United States recently plead guilty to laundering millions of dollars through cryptocurrencies as well as Western Union payments. The two reportedly sold controlled substances through a darknet website in exchange for cryptocurrencies and Western Union payments, which were subsequently laundered and turned into cash.
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Is this a legitimate business or is it money laundering via Bitcoin?

Is this a legitimate business or is it money laundering via Bitcoin? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

04-12 04:02 - 'Is this a legitimate business or is it money laundering via Bitcoin?' (sites.simbla.com) by /u/Salabadabadingdong removed from /r/Bitcoin within 16-26min

Is this a legitimate business or is it money laundering via Bitcoin?
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Pakistan Investigates Potential Tax Evasion And Money Laundering Via Bitcoin

Pakistan Investigates Potential Tax Evasion And Money Laundering Via Bitcoin submitted by CryptoCurrencyNews to CryptoCurrency [link] [comments]

Pakistan Investigates Potential Tax Evasion And Money Laundering Via Bitcoin

Pakistan Investigates Potential Tax Evasion And Money Laundering Via Bitcoin submitted by ethnewsbot to ETHInsider [link] [comments]

Twelve more Russians indicted.

CNN: https://www.cnn.com/2018/07/13/politics/russia-investigation-indictments/index.html
DOJ: https://www.justice.gov/opa/pgrand-jury-indicts-12-russian-intelligence-officers-hacking-offenses-related-2016-election
Copy of indictment: http://cdn.cnn.com/cnn/2018/images/07/13/gru.indictment.pdf
Anyone recognize any of those names? I don't, but that doesn't mean much. I can barely keep track of the American players, let alone the Russian ones.
edit: If you haven't read the indictment yet, you should. I am about halfway through and it's a goldmine of specific details of the DNC hack, money laundering via bitcoin, etc.
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Hollywood Stars in Movie About Crypto Money Laundering

Hollywood Stars in Movie About Crypto Money Laundering >> https://news.bitcoin.com/hollywood-stars-movie-crypto-money-laundering/
via Bitcoin Forum - https://bitcoinforum.pro/
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Crypto.IQ Daily Radio Show March 6: Bitcoin (BTC) Fails to Break Above $3,900, Bitcoin (BTC) May Eventually Rally Due to Surge in Global Money Printing, Lightning Network Being Used to Send Messages Across Space Via Satellites, BTC-e Successor WEX Linked to Money Laundering

Crypto.IQ Daily Radio Show March 6: Bitcoin (BTC) Fails to Break Above $3,900, Bitcoin (BTC) May Eventually Rally Due to Surge in Global Money Printing, Lightning Network Being Used to Send Messages Across Space Via Satellites, BTC-e Successor WEX Linked to Money Laundering submitted by turtlecane to CryptoCurrency [link] [comments]

PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange

PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange

PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange submitted by Ranzware to BitNewsLive [link] [comments]

Your Tax Dollars At Work: North Carolina State University, Boston University and George Mason University Academics devise method to streamline Money Laundering, Terrorist Financing, Murder For Hire, Tax Evasion, Narcotics Purchases, Ransomware Attacks, Etc. via Bitcoin with new "TumbleBit" system.

Your Tax Dollars At Work: North Carolina State University, Boston University and George Mason University Academics devise method to streamline Money Laundering, Terrorist Financing, Murder For Hire, Tax Evasion, Narcotics Purchases, Ransomware Attacks, Etc. via Bitcoin with new submitted by Barkey_McButtstain to btc [link] [comments]

Your Tax Dollars At Work: North Carolina State University, Boston University and George Mason University Academics devise method to streamline Money Laundering, Terrorist Financing, Murder For Hire, Tax Evasion, Narcotics Purchases, Ransomware Attacks, Etc. via Bitcoin with new "TumbleBit" system.

Your Tax Dollars At Work: North Carolina State University, Boston University and George Mason University Academics devise method to streamline Money Laundering, Terrorist Financing, Murder For Hire, Tax Evasion, Narcotics Purchases, Ransomware Attacks, Etc. via Bitcoin with new submitted by Barkey_McButtstain to Buttcoin [link] [comments]

Woman charged with laundering money via bitcoin to support ISIS

Woman charged with laundering money via bitcoin to support ISIS submitted by MementoMoriii to dogecat [link] [comments]

Woman charged with laundering money via bitcoin to support ISIS

Woman charged with laundering money via bitcoin to support ISIS submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[National] - Woman charged with laundering money via bitcoin to support ISIS | ABC

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12-15 22:02 - 'Woman charged with laundering money via bitcoin to support ISIS' (abcnews.go.com) by /u/rubberbandrocks removed from /r/news within 10-20min

Woman charged with laundering money via bitcoin to support ISIS
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[National] - Woman charged with laundering money via bitcoin to support ISIS

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Woman charged with laundering money via bitcoin to support ISIS

Woman charged with laundering money via bitcoin to support ISIS submitted by akreider to Bitcoin [link] [comments]

Bitcoin used by terrorists to launder money? The Different Ways Money Laundering Works - YouTube $4 Billion 💰 Bitcoin Money Laundering Operation Revealed ... Keiser Report: Money Laundering and Bitcoins (E819) - YouTube Cryptocurrency & Money Laundering - YouTube

Since its inception, Bitcoin has aimed at becoming digital cash that people could use instead of actual cash. It is important to note that all of the money laundering and illegal activities that Bitcoins can be used for, can also be done via cash. Researchers Find New Way for Criminals to Launder Money Using Bitcoin Criminals could use “Exclusive mining” to pass off their money laundering as Bitcoin mining income. By Robert Stevens. 3 min read. Sep 6, 2020 Sep 7, 2020. Bitcoin. Money laundering is a big issue for the crypto industry. Image: Shutterstock Per the report, an additional $1.59 billion in high-risk funds moved into mixers. Making a total of ~$3 billion presumed to be laundered via bitcoin this year alone. In June, blockchain forensics firm CipherTrace similarly analyzed bitcoin's money laundering affair. BitMEX executives including CEO Arthur Hayes and CFO Samuel Reed are accused by prosecutors and the CFTC of money laundering. The user can then withdraw their cryptocurrency to an external cryptocurrency wallet via other anonymous exchange accounts they own. ... money laundering ... receive 36-times more Bitcoin from ...

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Bitcoin used by terrorists to launder money?

Criminals who obtain millions of dollars through illegal means need to make that dirty money appear clean. Bloomberg QuickTake explains the most popular ways... If asked right now, can you explain what money laundering is? More importantly, did you know that money laundering is the reason for pizza in USA? In this vi... Feds: Woman laundered money to people in China, Pakistan and Turkey, then planned to travel to Syria. **On today's episode of The Cryptoverse:** We’ll check in on the progress to Segwit lock in. And the MtGox case has been cracked wide open thanks to new repo... Money Laundering 101 💰 How Criminals Use Bitcoin To Hide Illegal Money 🔫💎🗡 - Duration: 16:33. David Hay Recommended for you. 16:33. WEBCAST: ...

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