M Crypto Laundering Scheme Uncovered as Suspect Pleads Guilty—Key Details | TheSpuzz

$73M Crypto Laundering Scheme Uncovered as Suspect Pleads Guilty—Key Details | TheSpuzz

Source: Bitcoinist A 41-year-old dual citizen of China and St. Kitts and Nevis, Daren Li, has pleaded guilty to one count of conspiracy to commit money laundering utilizing crypto. The charge involves a complex scheme that allegedly laundered millions of dollars linked to crypto investment scams. The US Department of Justice, in a press release uploaded…

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Ethereum’s Rally Loses Steam: Analyst Foresee A Possible Brief Correction | TheSpuzz

Ethereum’s Rally Loses Steam: Analyst Foresee A Possible Brief Correction | TheSpuzz

Source: Bitcoinist Negative sentiment is gradually growing in the general crypto market once again, with major digital assets like Ethereum, the second-largest cryptocurrency, witnessing a notable setback that led to a slowdown of its renewed upside price momentum. Due to the sudden drop, several crypto analysts believe that the altcoin could face an extended bearish movement shortly….

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