EddieJayonCrypto
20 Jan 25
Anurag Pramod Murarka, a 30-year-old Indian national, has been sentenced to 121 months in US federal prison for conspiracy to commit money laundering. Operating under aliases "elonmuskwhm" and "la2nyc," he ran an international money laundering business using crypto to conceal criminal proceeds, laun...
Anurag Pramod Murarka, a 30-year-old Indian national, has been sentenced to 121 months in US federal prison for conspiracy to commit money laundering. Operating under aliases "elonmuskwhm" and "la2nyc," he ran an international money laundering business using crypto to conceal criminal proceeds, laundering over $20 million. His operations targeted individuals involved in criminal activities, offering them the opportunity to exchange crypto for cash. Murarka's team packaged the laundered funds in various ways, including hiding cash between book pages or sealing it in multiple envelopes before mailing it to customers, preventing multiple financial account takeovers. This resulted in the seizure of over $1.4 million, counterfeit drugs, and millions of dollars in criminal proceeds. After his release, Murarka will be supervised by the US Probation Office for three years.
Additionally, in November, a Florida jury indicted nine individuals for laundering drug cartel funds through crypto, and in September, the US charged two Russian nationals for laundering $1.15 billion in illicit crypto for cybercriminals.