#cash-to-crypto

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#money-laundering
fromTheregister
4 hours ago
Miscellaneous

Russia-linked crooks bought themselves a bank for Christmas

A Russian-linked network used UK cash-to-crypto swaps and a purchased Kyrgyz bank to launder cybercrime proceeds and channel funds to Russian state-linked entities.
fromComputerWeekly.com
16 hours ago
World news

Russian money launderers bought a bank to disguise ransomware profit | Computer Weekly

A UK-linked billion-dollar money-laundering network bought a Kyrgyz bank to convert criminal proceeds into cryptocurrency and evade sanctions supporting Russia's war in Ukraine.
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