#bulgarian

The post US Charges Rossen Iossifov in $290K Crypto Laundering Case appeared on BitcoinEthereumNews.com. US charges Rossen Iossifov over an alleged $290K crypto laundering scheme from prison. Prosecutors say forfeited crypto moved through mixers to hinder government recovery. Earlier fraud case tied Iossifov to nearly $5M laundered and 900 US scam victims. Federal prosecutors have filed new criminal charges against Bulgarian national Rossen G. Iossifov, alleging that he conspired to launder approximately $290,000 worth of cryptocurrency that had already been seized and ordered forfeited following his earlier federal fraud conviction. According to the charges, the alleged conspiracy took place in January 2024 while Iossifov was serving a prison sentence in the United States. The case introduces a new chapter in an investigation that began with his conviction for participating in a multinational fraud operation targeting hundreds of American victims. New Indictment Centers on Previously

The post DOJ Crypto Theft Charges Against Federal Inmate appeared on BitcoinEthereumNews.com. A federal inmate already serving time for a multimillion-dollar fraud scheme now faces a fresh set of DOJ crypto theft charges after allegedly stealing roughly $290,000 in cryptocurrency that had already been forfeited to the U.S. government — and doing it from behind bars. Key takeaways Rossen G. Iossifov, a 53-year-old Bulgarian national, is charged with stealing approximately $290,000 in forfeited cryptocurrency while serving a federal prison sentence. The alleged theft occurred in January 2024, nearly three years after his 2021 conviction for an online auction fraud scheme that laundered nearly $5 million in cryptocurrency. He allegedly moved the funds through multiple exchanges and illicit mixing services to prevent government seizure. Current charges include removal of property to prevent seizure, aiding and abetting, and conspiracy to commit money laundering. If convicted, Iossifov face