Crypto’s Lack of Compliance Puts FOMO into Further Perspective
Sergei Potapenko and Ivan Turogin, each 37 years old, were arrested in Estonia last week and are being extradited to the United States to face charges of wire fraud and conspiracy to commit money laundering. This case sort of hits close to home as I reside in the Pacific Northwest and the indictment for the crooks was unsealed in a US District Court in Seattle. In addition, a handful of victims of the pair’s crypto-based scheme are residents of western Washington.
Perspective is a powerful thing. It prevents us from making or repeating critical life errors, or it gives us an infusion of empathy when, for example, you realize that the person who stole your parking space at the grocery store was on their way home from a chemotherapy session.
CEO of the Alacer Group. Sharing the latest news in financial crimes and best practices that enable financial institutions to prevent money laundering.