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US Federal Grand Jury Indicts Three Russian Nationals on Charges Related to Operating Crypto Mixing Services

A grand jury has indicted three Russian citizens on charges connected to operating crypto-tumbling services. According to a new press release by the U.S. Department of Justice (DOJ), a federal grand jury has indicted Russian nationals Roman Ostapenko, Alexander Oleynik and Anton Tarasov for their alleged involvement in operating crypto mixers Blender.io and Sinbad.io. Crypto mixing services allow users to obfuscate the source of their funds by allowing them to pool their assets and blend them together. In the press release, authorities say that both of the services were sanctioned by the Office of Foreign Assets Control (OFAC) after entities with links to the North Korean government used Blender.io and Sinbad.io to launder stolen crypto and conceal their transactions. Blender.io was initially sanctioned in May 2022. Months after it got shut down, Sinbad.io popped up and provided similar services. It too was taken down in November 2023. As stated by Principal Deputy Assistant Attorney General Brent S. Wible, head of the Justice Department’s Criminal Division, “According to the indictment, the defendants operated cryptocurrency ‘mixers’ that served as safe havens for laundering criminally derived funds, including the proceeds of ransomware and wire fraud. By allegedly operating these mixers, the defendants made it easier for state-sponsored hacking groups and other cybercriminals to profit from offenses that jeopardized both public safety and national security.” Ostapenko and Oleynik were arrested in December 2024 while Tasarov remains at large, according to the press release. Ostapenko is charged with one count of conspiracy to commit money laundering and two counts of operating an unlicensed money transmitting business. Meanwhile, Oleynik and Tarasov are charged with one count of conspiracy to commit money laundering and one count of operating an unlicensed money transmitting business. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Federal Grand Jury Indicts Three Russian Nationals on Charges Related to Operating Crypto Mixing Services appeared first on The Daily Hodl . CoinTurk News

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$2,000,000 Drained From Customers’ Bank Accounts in Just 8 Days, Says Financial Giant, Warning Scammers Trigger Fraudulent Transfers Like Clockwork

A trillion-dollar banking giant says its customers lost about $2 million to fraud in a span of just eight days. Santander UK says scammers ripped £1.99 million ($2.04 million) from its customers’ accounts between Christmas and January 1st of 2024. The bank revealed the numbers in a push to keep customers vigilant through the holiday season. Santander says one person lost over £600,000 by falling for a fake investment scheme. Others were tricked into sending money to fraudsters posing as “recruiters,” causing losses of around £1,700 each. Overall, each victim lost about £3,354 on average, prompting the bank to warn everyone to stay alert. “…Customers reported being scammed when buying items online, including clothes purchased on Instagram, as well as football and Taylor Swift tickets purchased on Facebook Marketplace. On Boxing Day, several claims were made from customers who were contacted by scammers pretending to be their bank.” Santander recommends people pause and verify recipients before transferring money, carefully research social media deals that seem too good to be true and confirm suspicious calls or messages by hanging up and contacting a known number. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $2,000,000 Drained From Customers’ Bank Accounts in Just 8 Days, Says Financial Giant, Warning Scammers Trigger Fraudulent Transfers Like Clockwork appeared first on The Daily Hodl . CoinTurk News