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An international cryptocurrency provider was sentenced to 121 months in prison by the U.S. Department of Justice for conspiracy to commit money laundering.
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2025-01-18 09:02 3,339
Golden Finance reported that U.S. District Judge Gregory Van Tatenhove sentenced Indian national Anurag Pramod Murarka to 121 months in prison for conspiracy to commit money laundering, according to an announcement from the U.S. Department of Justice. Murarka, 30, is an international virtual currency provider operating under two monikers: "elonmuskwhm" and "la2nyc." According to recently unsealed court documents, from April 2021 until September 29, 2023, Murarka ran an international money laundering operation. Murarka often advertises his services online on dark web markets as money laundering services. Customers would then contact him via encrypted messages to respond to these ads and negotiate exchange rates. After the exchange rate was determined, India-based Murarka instructed its customers to send cryptocurrencies to certain cryptocurrency addresses. Murarka then arranged for the cash to be delivered to his employees in the United States through a complex, prearranged Indian hawala operation. Murarka's network of employees across the U.S. and abroad would collect cash from Murarka's hawala connections, which would then be packaged in a variety of ways, including sandwiched between pages and sealed in multiple envelopes, before being mailed to customers. Murarka charged fees for services and used a portion of them to bribe employees and co-conspirators. Murarka knew that many of his clients were involved in criminal activity, particularly computer hacking and drug trafficking, and therefore he knew that his business facilitated criminal activity by assisting in concealing the origins of illegal activity. Murarka and his co-conspirators laundered a total of more than $20 million.
Keywords: Bitcoin
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