Spain dismantle a crypto-money laundering ring
The Spanish Civil Guard arrested eight people for the crime of laundering euros through cryptocurrencies during three months
The scams with cryptocurrencies continue. In Spain, the Civil Guard captured a band of criminals by laundering 9 million euros in digital currency through ATMs installed in a booth.
They were operating for three months with two ATMs that allowed the purchase and sale of bitcoin and other cryptocurrencies for criminal organizations based in Colombia and that have spread to Spanish cities such as Barcelona, Malaga and Madrid.
Operation “Kampuzo” of the Civil Guard was able to dismantle the band and 8 people are detained for the case. There are 9 legal entities involved in the crime of laundering of proceeds “mainly from drug trafficking and belonging to a criminal organization.”
As it was known, in addition to the ATMs, 4 cold wallets and 20 other wallets have also been intervened. In total, the Civil Guard together with Europol, have identified movements for 9 million euros.
In the procedure the authorities have retained 11 vehicles and 16,800 euros in a hidden fund of furniture found in the facilities from which the band operated.
M.Pino
Source: Xataka
