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 .
The Daily Hodl
You can visit the page to read the article.
Source: The Daily Hodl
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
SHIB Shows Potential for Recovery with Retail Accumulation as Whale Selling Activity Declines
Shiba Inu (SHIB) is showing signs of recovery as retail traders increase their accumulation, potentially leading to a significant price rebound. Recent data indicates whales are easing their selling pressure, The Daily Hodl
This New Low-Cap Crypto Poised To Follow in the Footsteps of Solana (SOL) and Avalanche (AVAX)
Solana (SOL) and Avalanche (AVAX) show green price charts in the crypto market. Even market analysts like Crypto Patel and Armando Pantoja have made some bullish price predictions for them. However, another project is beginning to steal the limelight. This is Lunex Network (LNEX) – a low-cap DeFi coin now in its presale run, attracting retail and institutional investors. Since this project may redefine the DeFi market, which IBS Intelligence predicts could be worth $48B by 2031, its future appears bright. Many investors are now turning to LNEX as it may have better upside potential in 2025. Lunex Network (LNEX) Excites Investors Amid 350% Price Surge While Solana (SOL) and Avalanche (AVAX) are riding a bullish wave, Lunex Network (LNEX) is making a name for itself. Its presale has been great so far, raising nearly $6M and giving early buyers a 350% return. But this DeFi coin price rises on a three-day basis, which means this percentage will continue rising. Interest in this project is growing as it aims to revolutionize the DeFi market. Lunex Network will connect all isolated blockchains and launch a non-custodial crypto exchange to accomplish this. Therefore, traders will no longer need to go through complex or high-cost processes to swap crypto coins across blockchains. Plus, this will be done in complete privacy as Lunex Network needs no sign-up KYC checks, benefiting all privacy-conscious traders. The LNEX token will power this platform. Holding this DeFi crypto will give users governance voting rights and up to 18% APY in staking rewards. Currently, one LNEX costs just $0.0054, a 350% rise from its starting price of $0.0012. However, a Tier-1 CEX listing LNEX is expected to push this price to $0.0216 – over a 300% return for those who buy it now. Crypto Patel: The Price of Solana (SOL) Could Max Out at $500 Solana (SOL) is an altcoin that has been showing green price charts. CoinMarketCap shows its value has grown from around $185 to nearly $220 in the past week alone—over a 15% surge in just the last few days. Market expert Crypto Patel thinks this bullish trend for Solana (SOL) will continue. According to his X post, this crypto coin may surge to $500. This Solana price prediction has turned some heads. The technical analysis for the Solana coin supports this statement. Currently, TradingView shows that its value is above its 10-day EMA ($199). Furthermore, its momentum indicator is at 20, which is in the buy zone and suggests this uptrend may continue. Avalanche (AVAX) Price Expected To Reach $150 by Well-Known Analyst Avalanche (AVAX) is another crypto coin seeing some price growth. On the one-week chart, its value increased by nearly 15%, per CoinMarketCap . During that time, the Avalanche price jumped from around $35 to over $40. The crypto community is still focusing on Avalanche (AVAX), as market analyst Armando Pantoja made a bullish statement. In a recent X post, he told his followers that this altcoin will surge to $150 in the 2025 bull run. TradingView data also shows good signs. The Avalanche crypto is currently valued above its 10-day EMA ($38). Also, its MACD level sits at -1.56, suggesting that the bullish momentum is strong right now. Therefore, this Avalanche price prediction has some merit. Can Lunex Network (LNEX) Experience a Price Surge Like Solana (SOL) and Avalanche (AVAX)? Solana (SOL) and Avalanche (AVAX) are altcoins to watch this quarter. They could see big price gains. However, Lunex Network (LNEX) will introduce groundbreaking technology that redefines the DeFi market and has a smaller market cap. Therefore, it will need less money for its price to surge. Because of this, market analysts predict a potential 3x surge for LNEX in 2025. You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.cluom Socials: https://linktr.ee/lunexnetwork Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here The Daily Hodl