Lawmakers want to crack down on crypto kiosk scams

OLYMPIA [By: Cassie Diamond] – An effort by Washington legislators to introduce tighter regulations on cryptocurrency kiosks as these machines increasingly become sites of fraud is dead for this session after failing to pass out of committee Feb. 25. According to bankrate.com, a cryptocurrency kiosk lets a user buy — and in some cases, sell […]

Washington man pleads guilty to $97M oil investment laundering scam

SEATTLE — A 47-year-old Washington state man pleaded guilty Friday to conspiracy to commit money laundering in a scheme that funneled nearly $100 million in fraud proceeds from phony oil and gas investments to overseas cryptocurrency wallets, federal prosecutors said. Geoffrey K. Auyeung, of Newcastle, admitted setting up nine business entities to receive funds from […]

Former DEA Deputy Chief arrested for supporting Mexican Cartel

A federal grand jury in the Southern District of New York has indicted Paul Campo, the former Deputy Chief of the Office of Financial Operations for the DEA under the Obama administration, and his associate Robert Sensi on charges including narco-terrorism conspiracy and providing material support to the Jalisco New Generation Cartel (CJNG), a Mexican […]