Kerala Police Said a Money-Laundering Network Raised $100 Million Using a Cryptocurrency Scheme

Kerala police announced on Monday that they had cracked a money-laundering conspiracy involving bitcoin transactions and detained four persons. Muhammed Riyas, C Shafeeque, Munavvarali, and Muhammed Shafeeque have been arrested on suspicion of misappropriating millions of rupees from clients in relation with the cryptocurrency trade, according to senior Kannur city police officer PP Sadanandan. According […]