Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1715212800&amp;v&#61;beta&amp;t&#61;mggQhFIPzBx6mgiuC2vWJTd-_FiIqSAgBHuEtocGOJw" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>British prosecutors allege that a woman facilitated the laundering of $6.3 billion in fraud proceeds through Bitcoin, which was linked to a scheme originating in China, while Banmeet Singh pleads guilty to operating a dark web narcotics conspiracy in Ohio, resulting in the largest single crypto cash seizure in DEA history.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Public Affairs Director of Americas for BSV Blockchain, featuring:</p><ul><li>Rep. <a href="https://www.linkedin.com/in/french-hill-25b693194/" rel="noopener noreferrer nofollow">French Hill</a> (R-AR)</li><li><a href="https://www.linkedin.com/company/usdoj/" rel="noopener noreferrer nofollow">U.S. Department of Justice</a></li><li>HyperFund Founder Sam Lee and HyperFund Top Promoter, Brenda Chunga</li><li>The US Attorney’s Office for the Southern District of Ohio</li><li>Banmeet Singh (convicted for running a dark web narcotics business)</li></ul><h3 id="us">US</h3><h3 id="house-republicans-39-crypto-legislation-targets-money-laundering-safeguards-says-rep-french-hill">House Republicans&#39; crypto legislation targets money laundering safeguards, says Rep. French Hill</h3><p>Rep. French Hill (R-AR) said in an interview that the revised text of House Republicans’ crypto legislation includes language that would provide safeguards against money laundering. Additionally, at an event hosted by the Foundation for Defense of Democracies (FDD), Rep. Hill expressed optimism that bills addressing stablecoins and a regulatory framework for crypto assets would “come to fruition” this year.</p><h3 id="doj-charges-three-in-1-89-billion-hyperfund-crypto-fraud-scheme">DOJ charges three in $1.89 Billion HyperFund crypto fraud Scheme</h3><p>DOJ announced charges against three individuals for orchestrating the HyperFund crypto project that defrauded investors out of $1.89 billion. The SEC also charged HyperFund founder Sam Lee, and top promoter Brenda Chunga, for their involvement in the fraudulent crypto asset pyramid scheme.</p><h3 id="dark-web-narcotics-conspiracy-ohio-man-pleads-guilty-in-record-crypto-seizure-case">Dark web narcotics conspiracy: Ohio man pleads guilty in record crypto seizure case</h3><p>The US Attorney’s Office for the Southern District of Ohio announced that Banmeet Singh pled guilty to running a dark web narcotics conspiracy. The case involves the largest single crypto cash seizure in DEA history, with Singh forfeiting $150 million worth of crypto.</p><h3 id="eu-uk">EU/UK</h3><h3 id="woman-allegedly-laundered-6-3-billion-fraud-proceeds-through-bitcoin-british-prosecutors-say">Woman allegedly laundered $6.3 billion fraud proceeds through Bitcoin, British prosecutors say</h3><p>British prosecutors are alleging that a woman converted BTC into cash and property to help launder the proceeds of a $6.3 billion fraud perpetrated in China.</p>

Woman accused of laundering $6.3 billion in BTC

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