November 8, 2024

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Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency

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Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via CryptocurrencyLaw enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia […]