A Washington man faces charges in a $64 million crypto-laundering scheme

A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly defrauded investors by posing as an escrow agent and transferred funds to his accounts. The funds were moved offshore or converted into cryptocurrencies such as bitcoin and ethereum through exchanges such as Gemini, Bitstamp, Coinbase and Binance. The investigators followed (…)