The post California Man Admits Role in Alleged $263 Million Crypto Theft and Laundering Scheme appeared on BitcoinEthereumNews.com. In a major crackdown on cybercrime, California resident Kunal Mehta pleaded guilty to a RICO conspiracy and crypto laundering of at least $25 million. As part of a group that stole $263 million in cryptocurrency through hacking and social engineering, Mehta used pseudonyms like Shrek to launder funds for luxury spending. Kunal Mehta, 45, admitted […] Source: https://en.coinotag.com/california-man-admits-role-in-alleged-263-million-crypto-theft-and-laundering-schemeThe post California Man Admits Role in Alleged $263 Million Crypto Theft and Laundering Scheme appeared on BitcoinEthereumNews.com. In a major crackdown on cybercrime, California resident Kunal Mehta pleaded guilty to a RICO conspiracy and crypto laundering of at least $25 million. As part of a group that stole $263 million in cryptocurrency through hacking and social engineering, Mehta used pseudonyms like Shrek to launder funds for luxury spending. Kunal Mehta, 45, admitted […] Source: https://en.coinotag.com/california-man-admits-role-in-alleged-263-million-crypto-theft-and-laundering-scheme