Californian Man Sentenced to Prison For 7 years for Crypto Laundering

A Californian antheral has been sentenced to situation for amerciable cryptocurrency wealth laundering and merchantability of fake drugs. According to US authorities, John Khuu, a nonmigratory of California, has been sued for committing a transgression of wealth laundering and for being progressive successful a strategy to run an amerciable wealth laundering operation.

According to a press release from the United States Department of Justice (DoJ), John Khuu has been sentenced to situation for 87 months for utilizing Bitcoin connected the acheronian web to launder and make profits illegally. In court, the Texas constabulary presented grounds that Khuu utilized to import fake MDMA from Germany successful an amerciable way, and past helium utilized to merchantability it to customers successful the US successful antithetic acheronian web markets and get payments successful Bitcoin (BTC).

Khuu and his spouse would past commercialized the Bitcoin for US currency. Khuu has been indicted separately successful the Northern District of California and was charged with amerciable importation of a Schedule I controlled substance.

However, this apprehension came arsenic a portion of Operation Crypto Runner, an Organized Crime Drug Enforcement Task Force (OCDETF) cognition that deals with the highest-level transgression and amerciable organizations that are progressive successful amerciable activities successful the United States.

Additionally, successful the past, Khuu has faced galore ineligible charges. The Eastern District of Texas charged him with wealth laundering connected May 18, 2022. On August 17, 2022, helium was charged with unlawful importation of a Schedule I controlled substance successful the Northern District of California.

Furthermore, authorities arrested him astatine a residence successful Garden Grove, California, connected August 19, 2022.

Meta Description: The US authorities person announced that a Californian antheral has been sentenced to situation for his engagement successful amerciable cryptocurrency wealth laundering. 

Also Read: Terrorists are Using Monero for Donations successful India: TRM Labs