Inmate Accused of Moving $290,000 in Crypto Already Forfeited to US Government
The post Inmate Accused of Moving $290,000 in Crypto Already Forfeited to US Government appeared on BitcoinEthereumNews.com. Key Takeaways Prosecutors allege Rossen Iossifov helped remove approximately $290,000 in cryptocurrency forfeited to the federal government. Authorities say multiple exchanges, mixing services, and a foreign bank obscured control of the seized assets. Further proceedings will determine whether prosecutors can prove the new property-removal and money-laundering charges beyond reasonable doubt. Federal Indictment Targets Alleged Transfer of Seized Cryptocurrency Federal prosecutors charged a man already serving a 111-month prison sentence with helping remove approximately $290,000 in cryptocurrency from an account forfeited to the U.S. government. Rossen G. Iossifov, 53, appeared July 8 in the Eastern District of Kentucky on property-removal, aiding-and-abetting, and money-laundering conspiracy charges. Authorities allege the post-conviction activity occurred from