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Bitcoin.com 2025-03-01 06:30:00

Feds Take Down 73-Year-Old in $2.4M Crypto Conspiracy—Prison Time Looms

A federal jury in Texas has convicted Randall V. Rule, 73, of laundering cryptocurrency linked to various fraud schemes, including romance scams and real estate fraud. Prosecutors revealed that Rule and co-conspirator Gregory C. Nysewander converted illicit funds into cryptocurrency and funneled them to accounts controlled by domestic and foreign partners. To evade detection, they

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