Father and Son Convicted in Bitcoin Money Laundering Conspiracy
A father-son duo, Joseph and Ryan Farace, based in Maryland, have been sanctioned for their participation in a bitcoin money laundering operation connected to illicit drug trade on the dark webThe "dark web" refers to parts of the internet only accessible through encryption software like Tor. The dark web provides high anonymity for users since.... Joseph, the father, at 72 years old, was sentenced to 19 months in federal prison for aiding his son, Ryan, aged 38, in laundering Bitcoin proceeds from unlawful drug transactions. Ryan, a previous offender, was handed a 54-month federal prison term, followed by two years of supervised release, rooted in
Father and Son Convicted in Bitcoin Money Laundering Conspiracy Read More »