Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum – Decrypt

Jun 9, 2026 - 22:45
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum – Decrypt
In brief A 47-year old man from the Seattle area helped defraud investors of nearly $100 million, prosecutors said. Victims thought they were investing in oil and gas, but funds were quickly transferred to bank accounts or crypto exchanges and never returned. For his role in laundering funds tied to the scheme, Geoffrey K. Auyeung...

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