“Under Guan’s management, members of the team and others used cryptocurrency to knowingly purchase tens of millions of dollars in crime proceeds, including proceeds of fraudulently obtained unemployment insurance benefits, that had been loaded onto tens of thousands of prepaid debit cards,” DoJ said.
ABOUT AUTHOR
- Morningstar DBRS Lowers Milton’s Underwriting Loss Estimate to $30-60 Billion According to Reuters
- Indonesian stock markets rise at close of session; The IDX Composite Index rose 0.65% According to Investing.com
- Sanofi is in talks to sell a 50% stake in its consumer health business to CD&R By Reuters
- Nippon Steel to sell Calvert JV to ArcelorMittal if Reuters completes US Steel deal
- Türkiye condemns Israeli attacks on UN peacekeeping forces in Lebanon. According to Reuters
- Boeing files unfair labor practice charges against striking Reuters union
- CIBC donates US$100,000 to support Hurricane Milton relief efforts By Investing.com
