Frank Sonderborg on Nostr: The money-laundering scheme is said to have worked by passing funds through a ...

The money-laundering scheme is said to have worked by passing funds through a sequence of layers. Russian criminals would exchange millions in cryptocurrencies – made from running a series of ransomware attacks – for cash derived from a range of illicit transactions in western economies, including UK drug deals.
https://www.theguardian.com/business/2024/dec/04/global-investigation-exposes-alleged-billion-dollar-russian-money-laundering-network