Money laundering – Ukrainian cyber police crushes crypto laundromat with Binance support
Increasingly, cybercrime organizations, scammers, and hackers are using cryptocurrencies for their illegal transactions and the associated money laundering. In Ukraine, the local cybercrime unit smashed a crypto laundromat which allegedly laundered $42 million. Three suspects have been arrested in a law enforcement action in June 2020. Experts from the crypto exchange Binance helped the Ukrainian police in this.