California Man John Khuu Sentenced to Over 7 Years for Crypto Money Laundering Scheme

California man John Khuu was sentenced to over seven years in federal prison for laundering drug trafficking proceeds through crypto. Authorities say he used dark web markets to sell illegal drugs, accepting crypto payments before converting them to cash through multiple transactions and accounts.
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Crypto Influencer T.J. Stone Sentenced to 45 Months for Fraud

Thomas John Sfraga, known as T.J. Stone, has been sentenced to 45 months in prison for wire fraud. Prosecutors revealed he defrauded real estate and cryptocurrency investors out of over $2 million, using fake businesses and false promises to fund a Ponzi-style scheme while portraying himself as a crypto expert.
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SXSW 2025: Crypto Targets Mainstream With Educational Panels and Record-Breaking Bitcoin Logo

Crypto companies at SXSW 2025 shifted focus toward education, online security, and blockchain utility. A record-breaking Bitcoin logo drone show, Coinbase’s fraud panel, and Web3 social media discussions marked the event. Gemini, Coinbase, and Calaxy highlighted crypto’s evolving role in tech and finance.
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Crypto Payments MoonPay Acquires Wisconsin Money Transmitter License

MoonPay secures a Money Transmitter License in Wisconsin, reinforcing compliance with U.S. regulations and expanding its crypto payment services. The license allows Wisconsin residents to fund their MoonPay Balance without extra fees, reflecting the platform’s continued growth in regulated markets.
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