Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […] Powered by...
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […] Powered by...
Feds Shut Down Pirate Sports Streaming Service 247TVStream, Indict Operators
In recent years, rightsholders of major sports events have repeatedly complained that piracy of live sports is getting out of hand. Increasingly, lawmakers and law enforcement were asked to help out. This week, these calls were heard. 247TVStream Shutdown and Indictment The Department of Justice for the Eastern District of New York announced that it had effectively shut down a major pirate IPTV streaming operation, 247TVStream. The...
