The “cash to bitcoin” money laundering program has been revoked by the Manhattan District Attorney’s Office. A New York-based individual was charged with manipulating a cryptocurrency publicly advertised on social media and boasted that he could help clients “completely away from radar.” Individuals, former party organizers, and Goldman Sachs investment bankers have laundered a total of $ 2.7 million in Bitcoin and cash, money earned by various customers through illegal activities, according to the announcement. Helped to hide.
According to a Bloomberg report, a 42-year-old man named Thomas Speaker was charged with his colleagues for using Bitcoin to support a variety of illegal activities, including dark web drug trafficking. Based on the complaint, Spieker launched a Google search for the keyword “bitcoin money laundering” in 2014, knowing that it is engaged in behavior that is considered illegal by law and leaving it completely undetected. I’ve published a Facebook post that provides his service to those who want it.
Manhattan DA, with the help of his accomplice, between January 2018 and August 2021, Spieker converted over $ 2.3 million into Bitcoin, apart from Bitcoin. Claimed to have converted more than $ 380,000 in coins to the United States A “Rotating Complicity Set” that opened a cryptocurrency exchange account with a bank to enable laundering of “criminal proceeds” The dollar through.
“As claimed, this vast international money laundering web has helped drug traffickers, organized crime circles, and scammers hide their criminal activity and send revenue around the world. “DA Alvin Bragg said in the announcement. Technologies like cryptocurrencies can be a major driver of a wide range of criminal activities that can easily spread around the world. “
Spieker is currently facing multiple counts of unauthorized remittances and money laundering, and one of his accomplices identified as Dustin Sites has been charged with unauthorized remittances. The host of Spieker’s clients, also investigated by prosecutors, is faced with allegations of running an illegal drug market on the dark web and plans to steal personal information.
Meanwhile, Spieker’s LinkedIn profile lists his recent work as a talent agency partner and founder of the party production company S! Ck Productions. Early in his career, he spent more than two years as an equity derivatives specialist at Goldman Sachs.
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