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via Decrypt · By Decrypt Editorial

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

ETH

ETH/USDT

$1,880.67
-0.05%
24h Volume

$1,769,818,847.28

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short
66.6%
Long: 66.6%Short: 33.4%
Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,880.72

-0.10%

Volume (24h): -

Resistance Levels
Resistance 3$2,047.57
Resistance 2$1,932.92
Resistance 1$1,886.53
Price$1,880.72
Support 1$1,878.64
Support 2$1,838.57
Support 3$1,792.11
Pivot (PP):$1,881.75
Trend:Sideways
RSI (14):50.7
DE
Decrypt Editorial
(08:26 PM UTC)
1 min read
JM
Approved byJames Mitchell

In brief

  • 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…

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