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Canadian Teen Pleads Guilty to Laundering $13M Bitcoin in Scam Wave Finale

The 20-day crypto-crime wave that began May 23 with France’s 41 wrench attacks ended June 14 as Canadian teen Trenton Johnston admitted laundering $13 million stolen via social-engineering scams. The period featured a $2 million Cambodia murder, guilty pleas from Adam Iza and Saif Faiq in the $245 million kidnapping plot, and the June 12 multinational takedown of the AudiA6 dark-web mixer that laundered 10,333 BTC ($389.7 million). Year-to-date theft reached $1.1 billion, North Korea-linked actors took $620.9 million, and Bitcoin traded near $60,929 amid extreme fear.

Category

Bitcoin

Sentiment

Bearish

Event

Legal action

Reading time

1 min