Wednesday, April 24, 2019

Bitcoin Laundering: Two NY’ers Convicted in $3 Million Drug-Infused Scam

By CCN: Callaway Crain and Mark Sanchez recently pleaded guilty to money laundering in New York. Investigators allege the pair earned close to $3 million selling steroids and controlled substances, mostly in bitcoin. They were first arrested almost exactly a year ago. $2.8 Million Over Six Years for Homemade Steroids Crain and Sanchez operated on the clear and dark webs and left New York in 2015 to continue their enterprise in Texas. The guilty plea gives them guaranteed sentences of no more than seven-and-a-half years but no less than two-and-a-half. Each is convicted of a second-degree money laundering and fifth-degree

The post Bitcoin Laundering: Two NY’ers Convicted in $3 Million Drug-Infused Scam appeared first on CCN



source https://www.ccn.com/bitcoin-laundering-two-men-convicted

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