Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum

ETH

ETH/USDT

$2,683.54

-0.38%

$2,683.54

-0.38%

(24s)

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$10,476,072,788.38

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.5%

Long: 60.5%Short: 39.5%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

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▼ -0.11%

Volume (24h): -

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Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,688.58

Support 1$2,681.00

Support 2$2,567.67

Support 3$2,314.75

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.3

Decrypt Editorial

(08:26 PM UTC)

1 min read

A 47-year old man from the Seattle area helped defraud investors of nearly $100 million, prosecutors said.
Victims thought they were investing in oil and gas, but funds were quickly transferred to bank accounts or crypto exchanges and never returned.
For his role in laundering funds tied to the scheme, Geoffrey K. Auyeung was sentenced to five years in prison.

Geoffrey K. Auyeung, a…